Critical success factors, benefit, and auditing of waqf accounting

Habidin Nurul Fadly, Mohd Hussin Mohd Yahya, Muhammad Fidlizan, Janudin Sharul Effendy, Mohd Fuzi Nursyazwani,

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Type :	article
Subject :	HF5601 Accounting
ISSN :	2222-6990
Main Author :	Habidin Nurul Fadly, Mohd Hussin Mohd Yahya, Muhammad Fidlizan, Janudin Sharul Effendy, Mohd Fuzi Nursyazwani,
Title :	Critical success factors, benefit, and auditing of waqf accounting

Place of Production :	HRMARS
Year of Publication :	2017

Full Text :

The aim of this study is to identify the critical success factors, benefits, and challenges of waqf accounting in corporate Malaysia and to test the propose model of waqf accounting. This paper is to identify five dimensions of CSFs of waqf accounting (accounting procedures and standards, accountability, fund waqf, cash waqf, and financial report disclosures). This paper is also to identify five benefits of waqf accounting (financial growth, efficiency of waqf management, customer satisfaction, quality improvement, and trustworthiness). Meanwhile, three challenges of waqf accounting (waqf administration, unqualified mutawalli, and lack of Islamic accounting).Therefore, this study is focused on the critical success factors, benefits, and challenges of waqf accounting in corporate Malaysia and to propose the model of waqf accounting.

References

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