Cover Image

First stage evaluation of ISSuFiRs: Partners’ Financial Report Monitoring System by Islamic Financial Cooperatives (BMT) in Indonesia

Most MSMEs, especially micro-enterprises, do not have good business accounting records, making it difficult for owners/managers to measure the profitability of their companies. Internal control management has a significant influence in reducing fraud in Micro Enterprises. The more principles-bas...

Full description

Saved in:
Bibliographic Details
Main Authors: Martiana, Andri, Yunita, Ani, Jauhari, Sobar M., Kassim, Salina, Wong, Wing-Keung
Format: Proceeding Paper
Language:English
English
Published: EDP Sciences 2023
Subjects:
BPK Islamic law. Shari'ah. Fiqh
HF Commerce
HG Finance
HG3368 Islamic Banking and Finance
Online Access:http://irep.iium.edu.my/110250/7/110250_First%20Stage%20Evaluation%20of%20ISSuFiRs.pdf
http://irep.iium.edu.my/110250/13/110250_First%20stage%20evaluation%20of%20ISSuFiRs%20Partners%E2%80%99%20Financial%20Report%20Monitoring%20System%20by%20Islamic%20Financial%20Cooperatives%20BMT%20in%20Indonesia_Scopus.pdf
http://irep.iium.edu.my/110250/
https://icenso.umy.ac.id/2023/
https://doi.org/10.1051/e3sconf/202344006007
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.iium.irep.110250
record_format dspace
spelling my.iium.irep.1102502024-02-20T07:51:37Z http://irep.iium.edu.my/110250/ First stage evaluation of ISSuFiRs: Partners’ Financial Report Monitoring System by Islamic Financial Cooperatives (BMT) in Indonesia Martiana, Andri Yunita, Ani Jauhari, Sobar M. Kassim, Salina Wong, Wing-Keung BPK Islamic law. Shari'ah. Fiqh HF Commerce HG Finance HG3368 Islamic Banking and Finance Most MSMEs, especially micro-enterprises, do not have good business accounting records, making it difficult for owners/managers to measure the profitability of their companies. Internal control management has a significant influence in reducing fraud in Micro Enterprises. The more principles-based accounting rules, the shorter the delay in annual reporting disclosures. It is important to have a good financial reporting system that can be utilized by Micro Enterprises and its cooperation partners who provide and distribute funds. ISSuFiRs is a web-based application that enables Islamic Financial Cooperatives to track the business progress of their financing partners. With this application, micro businesses can disclose their business activities in these financial records in accordance with the SAK-ETAP national accounting standards. Reporting on this system includes balance sheet, profit and loss, cash flow, sources, use of ZIS funds, and comments on financial reports. This study presents a prototyping framework that enables user value perception, evaluation, and continuous improvement of ISSuFiR design quality through co-creation methods. It is hoped that a simple and effective financial reporting system, ISSuFiRs, will be useful for Micro Enterprises and Islamic Financial Cooperatives to monitor business developments. This study proposes a prototyping framework that enables the user's perception of value. The framework is expected to be implemented in industrial product service systems, evaluated and then concluded. This research is ongoing, with a new prototype being rebuilt based on the evaluation results EDP Sciences 2023 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/110250/7/110250_First%20Stage%20Evaluation%20of%20ISSuFiRs.pdf application/pdf en http://irep.iium.edu.my/110250/13/110250_First%20stage%20evaluation%20of%20ISSuFiRs%20Partners%E2%80%99%20Financial%20Report%20Monitoring%20System%20by%20Islamic%20Financial%20Cooperatives%20BMT%20in%20Indonesia_Scopus.pdf Martiana, Andri and Yunita, Ani and Jauhari, Sobar M. and Kassim, Salina and Wong, Wing-Keung (2023) First stage evaluation of ISSuFiRs: Partners’ Financial Report Monitoring System by Islamic Financial Cooperatives (BMT) in Indonesia. In: International Conference on Environment and Smart Society, Yogyakarta, Indonesia. https://icenso.umy.ac.id/2023/ https://doi.org/10.1051/e3sconf/202344006007
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
English
topic BPK Islamic law. Shari'ah. Fiqh
HF Commerce
HG Finance
HG3368 Islamic Banking and Finance
spellingShingle BPK Islamic law. Shari'ah. Fiqh
HF Commerce
HG Finance
HG3368 Islamic Banking and Finance
Martiana, Andri
Yunita, Ani
Jauhari, Sobar M.
Kassim, Salina
Wong, Wing-Keung
First stage evaluation of ISSuFiRs: Partners’ Financial Report Monitoring System by Islamic Financial Cooperatives (BMT) in Indonesia
description Most MSMEs, especially micro-enterprises, do not have good business accounting records, making it difficult for owners/managers to measure the profitability of their companies. Internal control management has a significant influence in reducing fraud in Micro Enterprises. The more principles-based accounting rules, the shorter the delay in annual reporting disclosures. It is important to have a good financial reporting system that can be utilized by Micro Enterprises and its cooperation partners who provide and distribute funds. ISSuFiRs is a web-based application that enables Islamic Financial Cooperatives to track the business progress of their financing partners. With this application, micro businesses can disclose their business activities in these financial records in accordance with the SAK-ETAP national accounting standards. Reporting on this system includes balance sheet, profit and loss, cash flow, sources, use of ZIS funds, and comments on financial reports. This study presents a prototyping framework that enables user value perception, evaluation, and continuous improvement of ISSuFiR design quality through co-creation methods. It is hoped that a simple and effective financial reporting system, ISSuFiRs, will be useful for Micro Enterprises and Islamic Financial Cooperatives to monitor business developments. This study proposes a prototyping framework that enables the user's perception of value. The framework is expected to be implemented in industrial product service systems, evaluated and then concluded. This research is ongoing, with a new prototype being rebuilt based on the evaluation results
format Proceeding Paper
author Martiana, Andri
Yunita, Ani
Jauhari, Sobar M.
Kassim, Salina
Wong, Wing-Keung
author_facet Martiana, Andri
Yunita, Ani
Jauhari, Sobar M.
Kassim, Salina
Wong, Wing-Keung
author_sort Martiana, Andri
title First stage evaluation of ISSuFiRs: Partners’ Financial Report Monitoring System by Islamic Financial Cooperatives (BMT) in Indonesia
title_short First stage evaluation of ISSuFiRs: Partners’ Financial Report Monitoring System by Islamic Financial Cooperatives (BMT) in Indonesia
title_full First stage evaluation of ISSuFiRs: Partners’ Financial Report Monitoring System by Islamic Financial Cooperatives (BMT) in Indonesia
title_fullStr First stage evaluation of ISSuFiRs: Partners’ Financial Report Monitoring System by Islamic Financial Cooperatives (BMT) in Indonesia
title_full_unstemmed First stage evaluation of ISSuFiRs: Partners’ Financial Report Monitoring System by Islamic Financial Cooperatives (BMT) in Indonesia
title_sort first stage evaluation of issufirs: partners’ financial report monitoring system by islamic financial cooperatives (bmt) in indonesia
publisher EDP Sciences
publishDate 2023
url http://irep.iium.edu.my/110250/7/110250_First%20Stage%20Evaluation%20of%20ISSuFiRs.pdf
http://irep.iium.edu.my/110250/13/110250_First%20stage%20evaluation%20of%20ISSuFiRs%20Partners%E2%80%99%20Financial%20Report%20Monitoring%20System%20by%20Islamic%20Financial%20Cooperatives%20BMT%20in%20Indonesia_Scopus.pdf
http://irep.iium.edu.my/110250/
https://icenso.umy.ac.id/2023/
https://doi.org/10.1051/e3sconf/202344006007
_version_ 1792146434167930880
score 13.211869

Similar Items