Analisis Penerapan Standar Akuntansi Keuangan No. 101 Tentang Laporan Keuangan Syari’ah

Abstract

Sharia banking emerged in Indonesia in 1992, representing a novelty within the framework of the banking system in general. The monetary crisis that rocked Indonesia in 1997 paralyzed conventional banking due to credit disruptions. Initially smooth credit eventually became non-performing, while Sharia banking, as stipulated in Law No. 10/98, recognizes the existence of two banking systems: conventional and sharia. This research was conducted at KSPPS BTM Sunan Drajat Lamongan. The purpose of this research is to determine whether the financial reporting of KSPPS BTM Sunan Drajat Lamongan is in accordance with the applicable Financial Accounting Standards. This research method uses a qualitative approach with a descriptive method, namely a method that describes the actual situation, which means there is no researcher intervention in the form of reducing or adding data. While the data collection techniques are through observation, direct interviews with the manager of KSPPS BTM Sunan Drajat Lamongan related to the financial report, and documentation in the form of the annual report of KSPPS BTM Sunan Drajat Lamongan for the 2017 period. From the results of the research conducted at KSPPS BTM Sunan Drajat Lamongan, there are several problems, including: in the financial report presented, temporary syirkah funds are combined with liability items on the balance sheet of KSPPS BTM Sunan Drajat Lamongan. KSPPS BTM Sunan Drajat Lamongan does not prepare several reports, namely reports on changes in restricted investment funds, reconciliation reports on income and profit sharing, reports on sources and uses of zakat funds, and reports on sources and uses of benevolent funds. The research results show that the financial report of KSPPS BTM Sunan Drajat Lamongan is not fully in accordance with PSAK 101 due to inaccurate preparation and the omission of several reports. This study can serve as a reference for education and practitioners of Sharia Cooperatives.