APPLICATION OF ACCOUNTING IN THE SABILILLAH AN NAHDLIYAH SIDOARJO SOCIAL FOUNDATION

Abstract

The purpose of this study was to determine the suitability of the accounting application at the Sabilillah An
Nahdliyah Sidoarjo Social Foundation with generally accepted accounting principles. The research was
conducted at the Sabilillah An Nahdliyah Social Foundation, Sidoarjo. This type of research is descriptive
qualitative where the aim is to systematically describe the preparation of financial statements of non-profit
institutions to determine the level of performance. Data analysis aims to formulate a financial report format
based on PSAK No. 45. Data obtained from interviews, observations, and documentation.
The results of this study indicate that many components of the financial statements that are not in
accordance with generally accepted standards have not even been presented. So the researchers tried to make
financial statements for non- profit institutions based on PSAK No. 45 which can be used to find out how the
management performance in the 2020 period is in accordance with the application of accounting at the
Sabilillah An Nahdliyah Sidoarjo Social Foundation not in accordance with generally accepted accounting
principle.