ASSESSING ACCOUNTING DISCLOSURE BY WAQF ENTITIES: A DESCRIPTIVE STUDY .

Abstract

ACCOUNTING DISCLOSURE BY WAQF ENTITIES:

A DESCRIPTIVES STUDY

Aniza Dahri

Jabatan Perdagangan

Politeknik Tuanku Syed Sirajuddin Pauh Putra, Perlis

Email: anizadahri@gmail.com

ABSTRACT

The purpose of this study is to examine the level of disclosure implied by waqf institutions in Malaysia. It intends to seek evidence on the accounting disclosure through waqf institutions’ annual report according to Standard of Recommended Practice (SORP). Annual reports were collected from public and corporate waqf institutions in Malaysia, and analysed thoroughly . The approach used for this resarch is a descriptive study through content analysis of qualitative method. The findings show mix results on accounting disclosures of waqf institutions with variations on high, moderate and low level of disclosures. The research is expected to contribute to the improvement of disclosures by waqf institutions, especially in Malaysia for the benefits of Muslim community as whole.

Key words: Waqf, Annual Report, Institution.