ANALYSIS OF THE IMPLEMENTATION OF PSAK 409 IN ENHANCING ACCOUNTABILITY AND TRANSPARENCY OF ZAKAT MANAGEMENT ORGANIZATIONS CASE STUDY ON THE NATIONAL ZAKAT AMIL AGENCY (BAZNAS) MATARAM CITY

Abstract

The purpose of this study was to examine the way that BAZNAS in Mataram City applies PSAK 409 to the management of zakat, infaq, and sadaqah. As one of the Zakat Management Organisations created by the government to manage the zakat funds collected from muzaki, BASNAZ bears the obligation of guaranteeing accountability and transparency to all parties involved. This study employs a descriptive qualitative methodology that includes in-depth interviews with relevant parties at BAZNAS Mataram City and documentation gathering approaches. According to the study's findings, BAZNAS handles zakat accounting appropriately and makes reference to PSAK Number 409. In order to improve accountability, BAZNAS Mataram City has submitted accurate and timely financial reports that are based on PSAK 409's components. In the aim to increase openness, BASNAZ Mataram City has informed stakeholders about the administration and distribution of zakat by publishing monthly financial reports on its website, Facebook page, and Instagram account. Furthermore, BAZNAS Mataram City has instituted a Management Information System (SIMBA) to facilitate openness, with frequent updates.