Application of Isak 35 in the Preparation of Financial Statements at Madrasah Ibtidaiyah Mambaul Ulum Karangduren Malang Regency

Abstract

A non-profit organization is an organization whose main objective is to support non-
commercial public interests. Non-profit organizations include religious organizations,

schools, hospitals and public clinics, community organizations, volunteer organizations,
labor unions. The financial statements of non-profit organizations are different from other
commercial organizations, one of the main differences that arise is in the format of the
financial statements. The research method is a qualitative research method approach to
answer the first problem formulation, while a quantitative descriptive research method is
to answer the second problem. The research location determined by the researcher is at
the Mambaul Ulum Elementary School which is located at JL. Raya golek no. 37
Karangduren Pakisaji Malang, Karangduren, Kec. Pakisaj, Kab. Malang, East Java. Based
on the results of temporary interviews conducted by the author, it was found that the
presentation of financial reports at the Mambaul Ulum Islamic Elementary School was
still simple, namely in the form of financial reports in the form of cash receipts and
disbursements. Madrasa Ibtidaiyah Mambaul Ulum has not presented financial reports
according to accounting standards, namely adopting ISAK 35. The financial statements
made by the treasurer of MI Sunan Ampel are not in accordance with ISAK 35 because
they are very simple, namely recording income and expenses in the general cash book.
For now MI Sunan Ampel's readiness to apply ISAK 35 if it is percentaged, namely 30%,
is still far from ready.