Public Accountability in Financial Management Practice at Islamic Education Institutions: A Survey Research

This study examines the financial management practices of Islamic educational institutions, with a focus on public accountability. As financial transparency and accountability become increasingly important in educational organizations, it is essential to evaluate how Islamic institutions manage their financial resources. A survey research design was employed to assess perceptions of financial management accountability. Data were collected using a questionnaire distributed via Google Forms, with a sample size of 162 participants from various Islamic education institutions. The findings revealed that respondents generally hold positive views regarding the transparency of financial management practices at Islamic educational institutions. However, challenges in implementing these practices were also identified, such as limited financial training, technological infrastructure gaps, and insufficient stakeholder engagement. While the positive perception of transparency indicates a solid foundation for accountable financial management, the study highlights the need for further improvements. Recommendations include enhancing financial training, upgrading technology, increasing stakeholder involvement, and conducting regular financial audits. Additionally, institutions are encouraged to benchmark their practices against industry best standards to ensure ethical and efficient resource utilization. This research underscores the importance of fostering a culture of accountability in financial management within Islamic educational institutions. By addressing identified challenges and adopting the suggested improvements, these institutions can better ensure financial transparency and ethical resource management.

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Publication Details

Journal
AL-ISHLAH Jurnal Pendidikan
Published
2024-09-30
DOI
https://doi.org/10.35445/alishlah.v16i3.4372
Citations
1
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.95
Controls
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article

Public Accountability in Financial Management Practice at Islamic Education Institutions: A Survey Research

Yundri Akhyar
1 citations
AL-ISHLAH Jurnal Pendidikan
Islamic Finance and Banking Studies
0.95
article

Public Accountability in Financial Management Practice at Islamic Education Institutions: A Survey Research

Yundri Akhyar
article en
1 citations

Abstract

This study examines the financial management practices of Islamic educational institutions, with a focus on public accountability. As financial transparency and accountability become increasingly important in educational organizations, it is essential to evaluate how Islamic institutions manage their financial resources. A survey research design was employed to assess perceptions of financial management accountability. Data were collected using a questionnaire distributed via Google Forms, with a sample size of 162 participants from various Islamic education institutions. The findings revealed that respondents generally hold positive views regarding the transparency of financial management practices at Islamic educational institutions. However, challenges in implementing these practices were also identified, such as limited financial training, technological infrastructure gaps, and insufficient stakeholder engagement. While the positive perception of transparency indicates a solid foundation for accountable financial management, the study highlights the need for further improvements. Recommendations include enhancing financial training, upgrading technology, increasing stakeholder involvement, and conducting regular financial audits. Additionally, institutions are encouraged to benchmark their practices against industry best standards to ensure ethical and efficient resource utilization. This research underscores the importance of fostering a culture of accountability in financial management within Islamic educational institutions. By addressing identified challenges and adopting the suggested improvements, these institutions can better ensure financial transparency and ethical resource management.

AL-ISHLAH Jurnal PendidikanVol. 16(3)
Universitas Islam Negeri Sultan Syarif Kasim Riau (ID)
Openalex Percentile: Top 20%
Islamic Finance and Banking Studies
0.95
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