The Perception Towards Accounting Practices of Murabahah Among Accounting Students in Malaysia

The study focuses on Malaysia and the main aim is to investigate the perception of accounting students towards the existing accounting practices of Murabahah financing according to MFRS 118 and the guidelines of MASB TRi-4. The study utilizes inferential statistical analysis techniques, namely, the...

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Main Authors: Hassan, Nur Hidayah, Mohd Shariff, Ros Aniza, Ahmad @ Abdul Mutalib, Hawa
Format: Proceeding Paper
Language:English
Published: 2015
Subjects:
Online Access:http://irep.iium.edu.my/48936/
http://irep.iium.edu.my/48936/1/HIDAYAH_Intac6_Full_paper.pdf
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author Hassan, Nur Hidayah
Mohd Shariff, Ros Aniza
Ahmad @ Abdul Mutalib, Hawa
author_facet Hassan, Nur Hidayah
Mohd Shariff, Ros Aniza
Ahmad @ Abdul Mutalib, Hawa
author_sort Hassan, Nur Hidayah
building IIUM Repository
collection Online Access
description The study focuses on Malaysia and the main aim is to investigate the perception of accounting students towards the existing accounting practices of Murabahah financing according to MFRS 118 and the guidelines of MASB TRi-4. The study utilizes inferential statistical analysis techniques, namely, the Mann-Whitney test and Kruskal-Wallis test, Pearson correlation analysis and Stepwise multiple regression analysis to assess the data. The results of the analysis indicated that there is a significant relationship between the respondents’ awareness of Murabahah financing and their education level as the higher the level education, the more the respondents are aware of Murabahah financing. The study found that there is a moderate acceptance of the existing accounting practices of Murabahah financing according to MFRS 118 and the guidelines of MASB TRi-4 among accounting students in Malaysia in terms of recognition, measurement and disclosure and presentation.While the study has some limitations, it is expected that it will give implications for Malaysian accounting standards setters in creating a framework for Murabahah financing in terms of the accounting treatments for recognition, measurement and disclosure and presentation. This study has the potential to make a contribution to the accounting education by the implementation of Islamic accounting practices in Malaysia, particularly with respect to identifying the impact of tertiary-level accounting courses and the perception of accounting students towards the existing accounting practices of Murabahah financing. Keywords: Murabahah, Islamic banking, Accounting Student, Accounting Education.
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institution International Islamic University Malaysia
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language English
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spelling iium-489362021-12-11T17:01:47Z http://irep.iium.edu.my/48936/ The Perception Towards Accounting Practices of Murabahah Among Accounting Students in Malaysia Hassan, Nur Hidayah Mohd Shariff, Ros Aniza Ahmad @ Abdul Mutalib, Hawa HJ9701 Public accounting The study focuses on Malaysia and the main aim is to investigate the perception of accounting students towards the existing accounting practices of Murabahah financing according to MFRS 118 and the guidelines of MASB TRi-4. The study utilizes inferential statistical analysis techniques, namely, the Mann-Whitney test and Kruskal-Wallis test, Pearson correlation analysis and Stepwise multiple regression analysis to assess the data. The results of the analysis indicated that there is a significant relationship between the respondents’ awareness of Murabahah financing and their education level as the higher the level education, the more the respondents are aware of Murabahah financing. The study found that there is a moderate acceptance of the existing accounting practices of Murabahah financing according to MFRS 118 and the guidelines of MASB TRi-4 among accounting students in Malaysia in terms of recognition, measurement and disclosure and presentation.While the study has some limitations, it is expected that it will give implications for Malaysian accounting standards setters in creating a framework for Murabahah financing in terms of the accounting treatments for recognition, measurement and disclosure and presentation. This study has the potential to make a contribution to the accounting education by the implementation of Islamic accounting practices in Malaysia, particularly with respect to identifying the impact of tertiary-level accounting courses and the perception of accounting students towards the existing accounting practices of Murabahah financing. Keywords: Murabahah, Islamic banking, Accounting Student, Accounting Education. 2015 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/48936/1/HIDAYAH_Intac6_Full_paper.pdf Hassan, Nur Hidayah and Mohd Shariff, Ros Aniza and Ahmad @ Abdul Mutalib, Hawa (2015) The Perception Towards Accounting Practices of Murabahah Among Accounting Students in Malaysia. In: International Accounting Conference VI (INTAC VI), 27-28 October 2015, Gombak. (Unpublished)
spellingShingle HJ9701 Public accounting
Hassan, Nur Hidayah
Mohd Shariff, Ros Aniza
Ahmad @ Abdul Mutalib, Hawa
The Perception Towards Accounting Practices of Murabahah Among Accounting Students in Malaysia
title The Perception Towards Accounting Practices of Murabahah Among Accounting Students in Malaysia
title_full The Perception Towards Accounting Practices of Murabahah Among Accounting Students in Malaysia
title_fullStr The Perception Towards Accounting Practices of Murabahah Among Accounting Students in Malaysia
title_full_unstemmed The Perception Towards Accounting Practices of Murabahah Among Accounting Students in Malaysia
title_short The Perception Towards Accounting Practices of Murabahah Among Accounting Students in Malaysia
title_sort perception towards accounting practices of murabahah among accounting students in malaysia
topic HJ9701 Public accounting
url http://irep.iium.edu.my/48936/
http://irep.iium.edu.my/48936/1/HIDAYAH_Intac6_Full_paper.pdf