Financial Disclosure and Budgetary Practices of Religious Organization: A Study of Qaryah Mosques in Kuala Terengganu
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| collectionurl | https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 |
| date | 2015-09-09 10:16:02 |
| format | Restricted Document |
| id | 12295 |
| institution | UniSZA |
| internalnotes | Abdul-Rahman, A. R., and A. Goddard. 1998. An interpretive inquiry of accounting practices in religiousorganizations. Financial Accountability and Management 14 (3): 183-201. Afifuddin, H. B., and A. K. Siti-Nabiha. 2010. Towards good accountability: The role of accounting inIslamic Religious Organizations. World Academy of Science, Engineering and Technology: 1133-1139. Agus, A., M. S. Ahmad, and J. Muhammad. 2009. An empirical investigation on the impact of qualitymanagement on productivity and profitability: Associations and mediating effect. ContemporaryManagement Research 5 (1): 77-92. Ahmad, J., S. Ahmad, M. Abd.-Majid, and W. Hairunnizam. 2001. Dana dan Harta Masjid di Malaysia: Kearah Pengurusan Strategik [Funds and property of mosque in Malaysia: Towards a strategic management]. Na-tional Workshop on Capacity Building Towards Excellance in Econ. Research and Policy Formu-lation, 23-24 April 2001, Fakulti Ekonomi UKM. Booth, P. 1993. Accounting in churches: A research framework and agenda. Accounting, Auditing and Ac-countability Journal 6 (4): 37-67. Bowrin, A. R. 2004. Internal control in Trinidad and Tobago religious organizations. Accounting, Auditingand Accountability Journal 17 (1): 21-152. Busby, D. 2004. Embezzlement in the church. The Clergy Journal (July/August): 25-28. Busby, D. 2005. Preventing financial problems at your church. The Clergy Journal (February): 21-22. Duncan, J. B., D. L. Flesher, and M. H. Stocks. 1999. Internal control system in US churches: An examina-tion of the effects of church size and denomination on systems of internal control. Accounting,Auditing and Accountability Journal 12 (2): 142-163. Duncan, J. B., and D. L. Flesher. 2002. Does your church have appropriate internal control for cashreceipts? The National Public Accountant: 15-20. Elson, R. J., S. O’Callaghan, and J. P. Walker. 2007. Corporate governance in religious organizations: Astudy of current practices in the local church. Academy of accounting and Financial Studies Journal 11 (1):121-130. Enofe, A., and P. Amaria. 2011. The role of the church denomination in financial accountability amongreligious organizations. International journal of Business, Accounting and Finance 5 (2): 87-104. Hafidzin, S.N. 2011. Amil dapat 3 sebatan: Bekas imam mengaku songlap duit zakat RM 19,510 dijelempat tahun [Collector of tithes gets 3 strokes and four years prison: the former imam pleadedguilty to embezzling zakat money amounting to RM 19,510] (November 2). Harian Metro: 11. Irvine, H. 2005. Balancing money and mission in a local church budget. Accounting, Auditing and Accountabil-ity Journal 18 (2): 211-237. Jacobs, K. 2005. The sacred and the secular: examining the role of accounting in the religious context.Accounting, Auditing and Accountability Journal 18 (2): 189-210. Jayasinghe, K., and T. Soobaroyen. 2009. Religious “spirit” and peoples’ perceptions of accountability inHindu and Buddhist religious organizations. Accounting, Auditing and Accountability Journal 22 (7):997-1028. Laughlin, R. C. 1988. Accounting in its social context: An analysis of the accounting systems of the churchof England. Accounting, Auditing and Accountability Journal, 1 (2): 19-42. Lewis, M. K. 2006. Accountability and Islam. Fourth International Conference on Accounting and Finance inTransition, Adelaide, Australia, April 10-12. Malagueno, R., C. Albrecht, C. Ainge, and N. Stephens. 2010. Accounting and corruption: A cross-country analysis. Journal of Money Laundering Control 13 (4): 372-393. Mohamed-Adil, M. A., Z. Mohd-Sanusi, N. A. Jaafar, M. M. Khalid, and A. Abd.-Aziz, A. 2012. Financialmanagement practices of mosques in Malaysia. Proceedings. International Islamic Accounting andFinance Conference, 2012. Universiti Teknologi Mara, Malaysia. Morgan, G. G. 2009. New development: churches and charity accounting. Public Money and Management(November): 343-346. Myers, M. D. 2009. Qualitative Research in Business and Management. London: Sage Publications Ltd. Nahar H. S., and H. Yaacob. 2011. Accountability in the sacred context. The case of management, ac-counting and reporting of a Malaysian cash awqaf institution. Journal of Islamic Accounting and Busi-ness research 2 (2): 87-113. Pandiyan, V., and V. G. R. Chandran. 2011. A Simple Guide for Business Undergraduates: Research Methods (2nded.). Shah Alam, University Publication Centre (UPENA). Parker, L. D. 2002. Budgetary incrementalism in a Christian bureaucracy. Management Accounting Research13: 71-100. Quinlan, C. 2011. Business Research Methods. UK: South Western CENGAGE Learning. Said, J., A. Mohamed, Z. Mohd-Sanusi, S. N. Syed-Yusuf. 2013. Financial management practices in reli-gious organizations: an empirical evidence of mosque in Malaysia. International Business Research 6(7): 111-119. Sekaran, U. 2003. Research Methods for Business: A Skill Building Approach. (4th ed.). NY: John Wiley and Sons. Sekaran, U., and R. Bougie. 2010. Research Methods for Business: A Skill Building Approach (5th ed.). NY: JohnWiley & Sons. Siraj, S. A. 2004. Financial management practices of state mosques in Peninsular Malaysia. Master’s Thesis.International Islamic University Malaysia. Sulaiman, M., S. A. Siraj, and S. H. Mohamed-Ibrahim. 2008. Internal control systems in West Malaysia’sState mosques. The American Journal of Islamic Social Sciences 25 (1): 63-81. Throop, J. R. 2001. When a church faces embezzlement. The Clergy Journal (July): 27-28. Ventura, M., and S. J. Daniel. 2010. Opportunities for fraud and embezzlement in religious organizations:An exploratory study. Journal of Forensic and Investigative Accounting 2 (issue 1): 1-35. Woodbine, G. 1997. Cash controls within Christian churches: An exploration of the determinants. AsianReview of Accounting 5 (2): 21-37. Wooten, T. C., J. W. Coker, and R. C. Elmore. 2003. Financial control in religious organizations: A statusreport. Nonprofit Management and Leadership 13 (4): 343-365. Wooten, T. C., J. Coker, and R. Elmore. 2005. Internal control is a good thing. Church Executive (October):18-19. References from website: Enakmen Pentadbiran Hal Ehwal Agama Islam Terengganu. 2001. Retrieved January 8, 2012, from http://www2.esyariah.gov.my/esyariah/mal/portalv1/ enakmen/State_Enact_Ori.nsf/ Jabatan Hal Ehwal Agama Terengganu (n.d.). Retrieved May 9, 2013, from http://jheatweb.terengganu.gov.my Remmers, V. 2013. Hopewell Woman Arrested for Embezzling from Church (August 3). Retrieved October 1,2013, from http://progress-index.com/news/hopewell-woman-arrested-for-embezzling-from-church-1.1530772. |
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| spelling | 12295 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=12295 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Article Journal UniSZA Unisza unisza image/jpeg inches 96 96 50 50 754 2015-09-09 10:16:02 589x754 589 6595-01-FH02-FLAIR-15-03743.jpg UniSZA Private Access Financial Disclosure and Budgetary Practices of Religious Organization: A Study of Qaryah Mosques in Kuala Terengganu Gadjah Mada International Journal of Business This paper aims to examine the financial reporting and budgeting practices of qaryah mosques in Kuala Terengganu, a state in the east of Peninsular Malaysia. Data was collected using a mixed method (quantitative and qualitative) approach. The questionnaire was disseminated to qaryah mosques in Kuala Terengganu and 39 responded. To address the limitations of a questionnaire survey, semi-structured interviews were then conducted with a few of the respondents. The results revealed that qaryah mosques in Kuala Terengganu do have a satisfactory system in place in terms of their financial reporting practices. However, budgetary control practices appear to be lacking. This indicates accounting, as is practiced by qaryah mosques in Kuala Terengganu appears to be limited to financial accounting. Hence, the financial management in qaryah mosques needs to be improved so that the risk of embezzlement can be reduced. 17 1 Gadjah Mada University Gadjah Mada University 83-101 Abdul-Rahman, A. R., and A. Goddard. 1998. An interpretive inquiry of accounting practices in religiousorganizations. Financial Accountability and Management 14 (3): 183-201. Afifuddin, H. B., and A. K. Siti-Nabiha. 2010. Towards good accountability: The role of accounting inIslamic Religious Organizations. World Academy of Science, Engineering and Technology: 1133-1139. Agus, A., M. S. Ahmad, and J. Muhammad. 2009. An empirical investigation on the impact of qualitymanagement on productivity and profitability: Associations and mediating effect. ContemporaryManagement Research 5 (1): 77-92. Ahmad, J., S. Ahmad, M. Abd.-Majid, and W. Hairunnizam. 2001. Dana dan Harta Masjid di Malaysia: Kearah Pengurusan Strategik [Funds and property of mosque in Malaysia: Towards a strategic management]. Na-tional Workshop on Capacity Building Towards Excellance in Econ. Research and Policy Formu-lation, 23-24 April 2001, Fakulti Ekonomi UKM. Booth, P. 1993. Accounting in churches: A research framework and agenda. Accounting, Auditing and Ac-countability Journal 6 (4): 37-67. Bowrin, A. R. 2004. Internal control in Trinidad and Tobago religious organizations. Accounting, Auditingand Accountability Journal 17 (1): 21-152. Busby, D. 2004. Embezzlement in the church. The Clergy Journal (July/August): 25-28. Busby, D. 2005. Preventing financial problems at your church. The Clergy Journal (February): 21-22. Duncan, J. B., D. L. Flesher, and M. H. Stocks. 1999. Internal control system in US churches: An examina-tion of the effects of church size and denomination on systems of internal control. Accounting,Auditing and Accountability Journal 12 (2): 142-163. Duncan, J. B., and D. L. Flesher. 2002. Does your church have appropriate internal control for cashreceipts? The National Public Accountant: 15-20. Elson, R. J., S. O’Callaghan, and J. P. Walker. 2007. Corporate governance in religious organizations: Astudy of current practices in the local church. Academy of accounting and Financial Studies Journal 11 (1):121-130. Enofe, A., and P. Amaria. 2011. The role of the church denomination in financial accountability amongreligious organizations. International journal of Business, Accounting and Finance 5 (2): 87-104. Hafidzin, S.N. 2011. Amil dapat 3 sebatan: Bekas imam mengaku songlap duit zakat RM 19,510 dijelempat tahun [Collector of tithes gets 3 strokes and four years prison: the former imam pleadedguilty to embezzling zakat money amounting to RM 19,510] (November 2). Harian Metro: 11. Irvine, H. 2005. Balancing money and mission in a local church budget. Accounting, Auditing and Accountabil-ity Journal 18 (2): 211-237. Jacobs, K. 2005. The sacred and the secular: examining the role of accounting in the religious context.Accounting, Auditing and Accountability Journal 18 (2): 189-210. Jayasinghe, K., and T. Soobaroyen. 2009. Religious “spirit” and peoples’ perceptions of accountability inHindu and Buddhist religious organizations. Accounting, Auditing and Accountability Journal 22 (7):997-1028. Laughlin, R. C. 1988. Accounting in its social context: An analysis of the accounting systems of the churchof England. Accounting, Auditing and Accountability Journal, 1 (2): 19-42. Lewis, M. K. 2006. Accountability and Islam. Fourth International Conference on Accounting and Finance inTransition, Adelaide, Australia, April 10-12. Malagueno, R., C. Albrecht, C. Ainge, and N. Stephens. 2010. Accounting and corruption: A cross-country analysis. Journal of Money Laundering Control 13 (4): 372-393. Mohamed-Adil, M. A., Z. Mohd-Sanusi, N. A. Jaafar, M. M. Khalid, and A. Abd.-Aziz, A. 2012. Financialmanagement practices of mosques in Malaysia. Proceedings. International Islamic Accounting andFinance Conference, 2012. Universiti Teknologi Mara, Malaysia. Morgan, G. G. 2009. New development: churches and charity accounting. Public Money and Management(November): 343-346. Myers, M. D. 2009. Qualitative Research in Business and Management. London: Sage Publications Ltd. Nahar H. S., and H. Yaacob. 2011. Accountability in the sacred context. The case of management, ac-counting and reporting of a Malaysian cash awqaf institution. Journal of Islamic Accounting and Busi-ness research 2 (2): 87-113. Pandiyan, V., and V. G. R. Chandran. 2011. A Simple Guide for Business Undergraduates: Research Methods (2nded.). Shah Alam, University Publication Centre (UPENA). Parker, L. D. 2002. Budgetary incrementalism in a Christian bureaucracy. Management Accounting Research13: 71-100. Quinlan, C. 2011. Business Research Methods. UK: South Western CENGAGE Learning. Said, J., A. Mohamed, Z. Mohd-Sanusi, S. N. Syed-Yusuf. 2013. Financial management practices in reli-gious organizations: an empirical evidence of mosque in Malaysia. International Business Research 6(7): 111-119. Sekaran, U. 2003. Research Methods for Business: A Skill Building Approach. (4th ed.). NY: John Wiley and Sons. Sekaran, U., and R. Bougie. 2010. Research Methods for Business: A Skill Building Approach (5th ed.). NY: JohnWiley & Sons. Siraj, S. A. 2004. Financial management practices of state mosques in Peninsular Malaysia. Master’s Thesis.International Islamic University Malaysia. Sulaiman, M., S. A. Siraj, and S. H. Mohamed-Ibrahim. 2008. Internal control systems in West Malaysia’sState mosques. The American Journal of Islamic Social Sciences 25 (1): 63-81. Throop, J. R. 2001. When a church faces embezzlement. The Clergy Journal (July): 27-28. Ventura, M., and S. J. Daniel. 2010. Opportunities for fraud and embezzlement in religious organizations:An exploratory study. Journal of Forensic and Investigative Accounting 2 (issue 1): 1-35. Woodbine, G. 1997. Cash controls within Christian churches: An exploration of the determinants. AsianReview of Accounting 5 (2): 21-37. Wooten, T. C., J. W. Coker, and R. C. Elmore. 2003. Financial control in religious organizations: A statusreport. Nonprofit Management and Leadership 13 (4): 343-365. Wooten, T. C., J. Coker, and R. Elmore. 2005. Internal control is a good thing. Church Executive (October):18-19. References from website: Enakmen Pentadbiran Hal Ehwal Agama Islam Terengganu. 2001. Retrieved January 8, 2012, from http://www2.esyariah.gov.my/esyariah/mal/portalv1/ enakmen/State_Enact_Ori.nsf/ Jabatan Hal Ehwal Agama Terengganu (n.d.). Retrieved May 9, 2013, from http://jheatweb.terengganu.gov.my Remmers, V. 2013. Hopewell Woman Arrested for Embezzling from Church (August 3). Retrieved October 1,2013, from http://progress-index.com/news/hopewell-woman-arrested-for-embezzling-from-church-1.1530772. |
| spellingShingle | Financial Disclosure and Budgetary Practices of Religious Organization: A Study of Qaryah Mosques in Kuala Terengganu |
| summary | This paper aims to examine the financial reporting and budgeting practices of qaryah mosques in Kuala Terengganu, a state in the east of Peninsular Malaysia. Data was collected using a mixed method (quantitative and qualitative) approach. The questionnaire was disseminated to qaryah mosques in Kuala Terengganu and 39 responded. To address the limitations of a questionnaire survey, semi-structured interviews were then conducted with a few of the respondents. The results revealed that qaryah mosques in Kuala Terengganu do have a satisfactory system in place in terms of their financial reporting practices. However, budgetary control practices appear to be lacking. This indicates accounting, as is practiced by qaryah mosques in Kuala Terengganu appears to be limited to financial accounting. Hence, the financial management in qaryah mosques needs to be improved so that the risk of embezzlement can be reduced. |
| title | Financial Disclosure and Budgetary Practices of Religious Organization: A Study of Qaryah Mosques in Kuala Terengganu |
| title_full | Financial Disclosure and Budgetary Practices of Religious Organization: A Study of Qaryah Mosques in Kuala Terengganu |
| title_fullStr | Financial Disclosure and Budgetary Practices of Religious Organization: A Study of Qaryah Mosques in Kuala Terengganu |
| title_full_unstemmed | Financial Disclosure and Budgetary Practices of Religious Organization: A Study of Qaryah Mosques in Kuala Terengganu |
| title_short | Financial Disclosure and Budgetary Practices of Religious Organization: A Study of Qaryah Mosques in Kuala Terengganu |
| title_sort | financial disclosure and budgetary practices of religious organization: a study of qaryah mosques in kuala terengganu |