Evaluation of Financial Reporting in Non Profit Organization Under ISAK 335 Case study on Simalungun Protestant Christian Church (GKPS)

  • Hansns Felix Purba Faculty of Economics and Business, University of Indonesia, Indonesia
  • Nureni Wijayati Faculty of Economics and Business, University of Indonesia, Indonesia

Abstract

This study aims to evaluate the financial reporting practices of the Simalungun Protestant Christian Church (GKPS). Employing a single-case study design, the research focuses on a single unit of analysis to provide an in-depth understanding of the church's financial reporting. A qualitative descriptive approach was adopted to comprehend the processes and events occurring in the field, involving interviews with the synod's financial bureau staff and a documentary study of the past year's financial reports. The research also assesses the conformity of the GKPS synod's financial reporting with ISAK 335, the accounting standard for non-profit entities. Findings indicate that the GKPS Synod has not yet implemented ISAK 335 as its accounting standard and has not prepared and published a complete set of financial statements according to ISAK 335.


Keywords: Financial Reporting; Non Profit Organizations; ISAK 335; Church Management

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Published
2025-01-06
How to Cite
PURBA, Hansns Felix; WIJAYATI, Nureni. Evaluation of Financial Reporting in Non Profit Organization Under ISAK 335 Case study on Simalungun Protestant Christian Church (GKPS). E-Jurnal Akuntansi, [S.l.], v. 35, n. 3, jan. 2025. ISSN 2302-8556. Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/122672>. Date accessed: 05 apr. 2025.
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Articles