ANALYSIS OF APPLICATION OF ACCOUNTING PSAK 109 AT THE SUBANG REGENCY NATIONAL AMIL ZAKAT AGENCY

Abstract

As time goes by, Indonesia has a large potential for zakat. So that various institutions were established that tried to handle zakat, one of which was the Zakat Management Organization. Zakat Amil Agency as an agency or entity that aims to manage and distribute zakat to those in need must apply accounting in their daily records, so as to produce open, balanced and equitable information to interested parties. Zakat accounting is a reporting standard created to provide financial information regarding zakat management carried out by zakat institutions by applying PSAK 109 concerning Accounting for Zakat Infaq/sedaqah.

This study aims to determine the conditions for receiving, distributing and reporting accounting records at BAZNAS Subang Regency which are contained in the 2020-2021 financial reports. The method used in this research is descriptive qualitative research conducted to objectively find out an activity with the aim of discovering new knowledge that has never been known before, based on primary data, secondary data through observation and interviews.

From the results of the analysis, overall that Subang Regency BAZNAS in its financial reports has used PSAK 109 Concerning Accounting for Zakat Infaq/alms, and it is difficult to use the SIMBA application (BAZNAS Information Management System.