Perception of Accounting Practitioners on MASB TRi
| Format: | Restricted Document |
|---|
| _version_ | 1860799787470684160 |
|---|---|
| building | INTELEK Repository |
| collection | Online Access |
| collectionurl | https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 |
| date | 2013-01-25 09:10:05 |
| format | Restricted Document |
| id | 7393 |
| institution | UniSZA |
| internalnotes | Abdullah, et al. (2011). Financial Reporting Standard: The Missing Elements for Zakat Computation? Seminar Perundangan Islam, Kuala Terengganu. Al-Habshi, S.M. (2005). Zakat Recognition and Measurement of Business Wealth: An Analysis of the Growth Condition. Issues in Islamic Accounting. B. Shanmugam, V. Perumal and A. H. Ridzwa. Serdang, Universiti Putra Malaysia Press. Al Qardawi, Y. (1999). Fiqh az-Zakat: A Comparative Study – The Rules, Regulations and Philosophy of Zakat in the Light of the Qur‟an and Sunnah, Dar Al Taqwa Ltd. Bakar, A.N.B. (2007). "A Zakat Accounting Standard (ZAS) for Malaysian Companies." The American Journal of Islamic Social Sciences 24(4): 74-92. Bakar, A.N.B. (2009). "Accounting treatment for corporate zakat: a critical review." International Journal of Islamic and Middle Eastern Finance and Management 2(1): 32-45. Baharom, H. and Yusof, E., (2006). Pengurusan Zakat Semasa. Shah Alam, UPENA. E-fatwa., (2009). "Himpunan Keputusan Muzakarah Jawatankuasa Kebangsaan: Berhubung Dengan Isu-Isu Muamalat." Zakat Ke Atas Syarikat Retrieved 10 October 2012, 2012, from www.e-fatwa.gov.my/fatwakebangsaan/zakat-ke-atas-syarikat. Holthansen, R. W. and Leftwich, R.W. (1983). "The Economics consequence of accounting choice: Implication of Costly Contacting and Monitoring." Journal of Accounting and Economics 19: 129-174. JAKIM (2001). Panduan Zakat di Malaysia. Kuala Lumpur, Jabatan Kemajuan Islam Malaysia. Joshi, P.L., Bremser, W.G. et al. (2008). "Perceptions of Accounting Professionals in the Adoption and Implementation of a Single Set of Global Accounting Standards: Evidence from Bahrain " Advance in Accounting 24(1): 41-48. Kamal, M.A., (1995). Perakaunan Zakat: Teori dan Praktis. Kuala Lumpur, Dewan Bahasa dan Pustaka. Lin, Z. J., F. Chan, et al. (2001). "An Empirical Evaluation on the New System of Business Accounting in China." Journal of Accounting, Auditing & Taxation 10: 23-49. MASB (2006). MASB TRi-1 Accounting For Zakat On Business. M. A. S. Board. Nasir, M. N. and Salleh, H. (2005). Zakat on Business in Malaysia: Issues and Current Treatment. Issues in Islamic Accounting. B. Shanmugam, V. Perumal and A. H. Ridza. Serdang, Universiti Putra Malaysia Press. Nunnally, J. C. (1978). Psychometric Theory, New York, McGraw Hill. Rabbani, S.F. (2010). "What is Difinition of Zakat?" Retrieved 18 May 2010, from spa.qibla.com/issue_view.asp?HD=1&ID=2642&CATE=5. Sekaran, U. (2009). Methods for Business New York, John Wiley & Sons. Senap, A. and Ahmad, O. (2010). "Penilaian Semula Taksiran Zakat Perniagaan Korporate Bagi Menghasilkan Satu Nilai Taksiran Zakat Yang Seragam di Malaysia." Jurnal Syariah 18(3): 565-584. Sharif, M.A., Jusoh, W.W et al., (2011). "A Robust Zakah Syatem: Towards a Progressive Socio-Economic Development in Malaysia." Middle-East Journal of Scientific Research 7(4): 550-554. Zhang, W. (2006).Why IS: Understanding the Factors Influencing Undergraduate Students‟ Intention to Choose IS Major in Business Schools. UMass Boston. |
| originalfilename | 2819-01-FH02-FESP-16-06629.pdf |
| person | User user USER UsEr |
| recordtype | oai_dc |
| resourceurl | https://intelek.unisza.edu.my/intelek/pages/view.php?ref=7393 |
| spelling | 7393 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=7393 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Article Journal application/pdf 7 1.6 Adobe Acrobat Pro DC 20 Paper Capture Plug-in User user USER UsEr 2013-01-25 09:10:05 2819-01-FH02-FESP-16-06629.pdf UniSZA Private Access Perception of Accounting Practitioners on MASB TRi 2220-8488 Zakat is one of the pillars of Islam and part of ibadah (obligation) for Muslims. Zakat has been identified as an important source of financial seed to jumpstart the economy of the Muslim community and give an impact to socio-economy development of a nation. Today, Zakat is no longer limited to the domain of religious or shari’ah studies and discourses, but an effort has been taken to restore back its function as a tools to strengthen Muslims economics. Many initiatives have been taken to facilitate its collection. An accounting standard relate to the Zakat payment MASB TRi-1 (Malaysian Accounting Standard, Technical Release Islamic – Number 1). Accounting for Zakat on Business, had been issued to facilitate the Zakat computation on business. The purpose of the release of MASB TRi-1 is to standardize the recognition, measurement, presentation and disclosure of zakat on business. However, MASB TRi-1 does not have the same weighted as standards. The objective of the study is to gauge the perception of accounting practitioners about MASB TRi-1. Questionnaires were sent to 282 accounting practitioners who have studied either Islamic accounting or Islamic finance. The finding revealed that most of the practitioners, regardless of their religious beliefs, are very keen to learn and deal with MASB TRi-1. Another encouraging finding is that the disclosure required by MASB TRi-1 encompasses the objective of Islamic Accounting 3 2 1-7 Abdullah, et al. (2011). Financial Reporting Standard: The Missing Elements for Zakat Computation? Seminar Perundangan Islam, Kuala Terengganu. Al-Habshi, S.M. (2005). Zakat Recognition and Measurement of Business Wealth: An Analysis of the Growth Condition. Issues in Islamic Accounting. B. Shanmugam, V. Perumal and A. H. Ridzwa. Serdang, Universiti Putra Malaysia Press. Al Qardawi, Y. (1999). Fiqh az-Zakat: A Comparative Study – The Rules, Regulations and Philosophy of Zakat in the Light of the Qur‟an and Sunnah, Dar Al Taqwa Ltd. Bakar, A.N.B. (2007). "A Zakat Accounting Standard (ZAS) for Malaysian Companies." The American Journal of Islamic Social Sciences 24(4): 74-92. Bakar, A.N.B. (2009). "Accounting treatment for corporate zakat: a critical review." International Journal of Islamic and Middle Eastern Finance and Management 2(1): 32-45. Baharom, H. and Yusof, E., (2006). Pengurusan Zakat Semasa. Shah Alam, UPENA. E-fatwa., (2009). "Himpunan Keputusan Muzakarah Jawatankuasa Kebangsaan: Berhubung Dengan Isu-Isu Muamalat." Zakat Ke Atas Syarikat Retrieved 10 October 2012, 2012, from www.e-fatwa.gov.my/fatwakebangsaan/zakat-ke-atas-syarikat. Holthansen, R. W. and Leftwich, R.W. (1983). "The Economics consequence of accounting choice: Implication of Costly Contacting and Monitoring." Journal of Accounting and Economics 19: 129-174. JAKIM (2001). Panduan Zakat di Malaysia. Kuala Lumpur, Jabatan Kemajuan Islam Malaysia. Joshi, P.L., Bremser, W.G. et al. (2008). "Perceptions of Accounting Professionals in the Adoption and Implementation of a Single Set of Global Accounting Standards: Evidence from Bahrain " Advance in Accounting 24(1): 41-48. Kamal, M.A., (1995). Perakaunan Zakat: Teori dan Praktis. Kuala Lumpur, Dewan Bahasa dan Pustaka. Lin, Z. J., F. Chan, et al. (2001). "An Empirical Evaluation on the New System of Business Accounting in China." Journal of Accounting, Auditing & Taxation 10: 23-49. MASB (2006). MASB TRi-1 Accounting For Zakat On Business. M. A. S. Board. Nasir, M. N. and Salleh, H. (2005). Zakat on Business in Malaysia: Issues and Current Treatment. Issues in Islamic Accounting. B. Shanmugam, V. Perumal and A. H. Ridza. Serdang, Universiti Putra Malaysia Press. Nunnally, J. C. (1978). Psychometric Theory, New York, McGraw Hill. Rabbani, S.F. (2010). "What is Difinition of Zakat?" Retrieved 18 May 2010, from spa.qibla.com/issue_view.asp?HD=1&ID=2642&CATE=5. Sekaran, U. (2009). Methods for Business New York, John Wiley & Sons. Senap, A. and Ahmad, O. (2010). "Penilaian Semula Taksiran Zakat Perniagaan Korporate Bagi Menghasilkan Satu Nilai Taksiran Zakat Yang Seragam di Malaysia." Jurnal Syariah 18(3): 565-584. Sharif, M.A., Jusoh, W.W et al., (2011). "A Robust Zakah Syatem: Towards a Progressive Socio-Economic Development in Malaysia." Middle-East Journal of Scientific Research 7(4): 550-554. Zhang, W. (2006).Why IS: Understanding the Factors Influencing Undergraduate Students‟ Intention to Choose IS Major in Business Schools. UMass Boston. |
| spellingShingle | Perception of Accounting Practitioners on MASB TRi |
| summary | Zakat is one of the pillars of Islam and part of ibadah (obligation) for Muslims. Zakat has been identified as an important source of financial seed to jumpstart the economy of the Muslim community and give an impact to socio-economy development of a nation. Today, Zakat is no longer limited to the domain of religious or shari’ah studies and discourses, but an effort has been taken to restore back its function as a tools to strengthen Muslims economics. Many initiatives have been taken to facilitate its collection. An accounting standard relate to the Zakat payment MASB TRi-1 (Malaysian Accounting Standard, Technical Release Islamic – Number 1). Accounting for Zakat on Business, had been issued to facilitate the Zakat computation on business. The purpose of the release of MASB TRi-1 is to standardize the recognition, measurement, presentation and disclosure of zakat on business. However, MASB TRi-1 does not have the same weighted as standards. The objective of the study is to gauge the perception of accounting practitioners about MASB TRi-1. Questionnaires were sent to 282 accounting practitioners who have studied either Islamic accounting or Islamic finance. The finding revealed that most of the practitioners, regardless of their religious beliefs, are very keen to learn and deal with MASB TRi-1. Another encouraging finding is that the disclosure required by MASB TRi-1 encompasses the objective of Islamic Accounting |
| title | Perception of Accounting Practitioners on MASB TRi |
| title_full | Perception of Accounting Practitioners on MASB TRi |
| title_fullStr | Perception of Accounting Practitioners on MASB TRi |
| title_full_unstemmed | Perception of Accounting Practitioners on MASB TRi |
| title_short | Perception of Accounting Practitioners on MASB TRi |
| title_sort | perception of accounting practitioners on masb tri |