Creative accounting from an Islamic perspective: viewed from sadd al dzari’ah concept

Authors

  • Irma Istiariani Universitas Islam Negeri Walisongo Semarang
  • Andi Sri Wahyuni University of Szeged
  • Farah Amalia Universitas Islam Negeri Walisongo Semarang

DOI:

https://doi.org/10.21580/jiafr.2024.6.1.19963

Keywords:

creative accounting, Islam, sadd al dzari’ah

Abstract

Purpose - This study aims to determine how Islamic Perspective views creative accounting practices that have been happening in Indonesia if viewed from the Sadd Al dzari`ah Concept

Method - The method used in this research is qualitative with a library research approach. The case discussed in this study is creative accounting conducted by many companies in Indonesia, as viewed from the Sadd Al dzari`ah Concept.

Result - The results of this study shows that creative accounting practices in many companies in Indonesia are not follow Islamic perspectives if viewed from the Sadd Al dzari`ah Concept.

Implication - This research emphasizes that management should always identify all creative accounting techniques to avoid the occurrence of creative accounting.

Originality - Similar research related to creative accounting has been conducted. Still, the research about creative accounting has been widely reviewed from the Islam perspective, especially Sadd Al dzari`ah concept, which has never been done. This research contributes to how creative accounting practices are viewed from the Islamic prespective, especially from the Sadd Al dzari`ah concept.

Downloads

Download data is not yet available.

References

Abu ’abdullah Muhammad Al-Qurtubi. (2018). Tafsir Al-Qurtubi - Introduction The General Judgments of the Qur’an and Clarification of what it Contains of the Sunnah and Āyahs of Discrimination (A. Bewley (ed.)). Diwan Press.

Agustia, D., & Palupi, A. (2018). Praktik Creative Accounting Pada Koperasi Di Jawa Timur. EKUITAS (Jurnal Ekonomi Dan Keuangan), 20(4), 528–543. https://doi.org/10.24034/j25485024.y2016.v20.i4.65

Ajibolade, S. O. (2008). A Survey of The Perception of Ethical Behaviour of Future Nigerian Accounting Professionals. The Nigerian Accountant, 41(3), 54–59. https://doi.org/10.5070/pg7111003009

Akpanuko, E. E., & Umoren, N. J. (2018). The Influence of Creative Accounting on The Credibility of Accounting Reports. Journal of Financial Reporting and Accounting, 16(2), 292–310. https://doi.org/10.1108/JFRA-08-2016-0064

Amat, O., & Gowthorpe, C. (2011). Creative Accounting: Nature, Incidence and Ethical Issues. SSRN Electronic Journal, 1–19. https://doi.org/10.2139/ssrn.563364

Bala, S. A. (2013). Role of Corporate Governance Application in Practice of Creative Accounting Methods-Applied Study on Listed Companies in Khartoum Exchange. Arab Economic and Business Journal, 8(27 February 2013), 63–73.

Balaciu, D., Bogdan, V., & Vladu, A. B. (2009). a Brief Review of Creative Accounting Literature and Its. Annales Universitatis Apulensis Series Oeconomica, 11(1), 170–183.

Baralexis, S. (2004). Creative Accounting in Small Advancing Countries: The Greek Case. Managerial Auditing Journal, 19(3), 440–461. https://doi.org/10.1108/02686900410524427

Blake, J., Amat, O., & Dowds, J. (2005). The ethics of creative accounting. Ethical Issues in Accounting, December, 24–40. https://doi.org/10.4324/9780203978597-9

Cressey, D. R. (1973). Other Peoples’ Money: A study in the social psychology of embezzlement. Free Press.

Cugova, A., & Cug, J. (2020). Motivation for the use of creative accounting techniques in the conditions of the globalized business environment. SHS Web of Conferences, 74, 01004. https://doi.org/10.1051/shsconf/20207401004

Djazuli, H. . P. (2010). Ilmu Fiqh: Penggalian, Perkembangan, dan Penerapan Hukum Islam (Revisi). Kencana.

Dulfikar, A. (2023). Sadd Dzari’ah Dalam Perspektif Ushuliyin Sebagai Sumber Hukum Islam. LAWYER: Jurnal Hukum, 1(1), 13–21. https://doi.org/10.58738/lawyer.v1i1.141

Hołda, A., & Staszel, A. (2016). Definitions, Perception and Functioning of Creative Accounting in the Theory and Practice of Different Languages, Countries and Parts of the World. China-USA Business Review, 15(5), 205–225. https://doi.org/10.17265/1537-1514/2016.05.001

Imam Fawaid. (2019). Konsep Sadd Al-Dzarî’ah Dalam Perspektif Ibnu Al-Qayyim Al-Jauziyah. LISAN AL-HAL: Jurnal Pengembangan Pemikiran Dan Kebudayaan, 13(2), 323–340. https://doi.org/10.35316/lisanalhal.v13i2.599

Intan, T. (1991). Saddudz Dzariáh dan Permasalahannya (Sebuah Kajian Ushul Fiqh). Al-Jami’ah: Journal of Islamic Studies, 46, 1–8. https://aljamiah.or.id/index.php/AJIS/article/view/3322

Ismael, A. Y. A. (2017). International Journal of Economics and Financial Issues The Impact of Creative Accounting Techniques on the Reliability of Financial Reporting with Particular Reference to Saudi Auditors and Academics. International Journal of Economics and Financial Issues, 7(2), 283–291. http:www.econjournals.com

Istifadah, R. U., & Senjani, Y. P. (2020). Religiosity as The Moderating Effect of Diamond Fraud and Personal Ethics on Fraud Tendencies. Journal of Islamic Accounting and Finance Research, 2(1), 91. https://doi.org/10.21580/jiafr.2020.2.1.4712

Mahanum, M. (2021). Tinjauan Kepustakaan. ALACRITY : Journal of Education, 1(2), 1–12. https://doi.org/10.52121/alacrity.v1i2.20

Mardianto; Tiono Carissa. (2019). Analisis Pengaruh Fraud Triangle Dalam Mendeteksi Kecurangan Laporan Keuangan. Jurnal Benefita, 4((1)), (87-103). http://ejournal.lldikti10.id/index.php/benefita/article/view/3349/1266

Marilena, Z., & Corina, I. (2012). Embellishment of Financial Statements Through Creative Accounting Policies and Options. Procedia - Social and Behavioral Sciences, 62, 347–351. https://doi.org/10.1016/j.sbspro.2012.09.055

Mulford, C. W., & E. E. Comiskey. (2002). The Financial Numbers Game : Detecting Creative Accounting Practices. John Wiley & Sons.

Norri, M. B. (2013). The Challenge of Accounts Controller for Creative Accounting Techniques. The Journal of Administration and Economics.

Omurgonulsen, M., & Omurgonulsen, U. (2009). Critical thinking about creative accounting in the face of a recent scandal in the Turkish banking sector. Critical Perspectives on Accounting, 20(5), 651–673. https://doi.org/10.1016/j.cpa.2007.12.006

Oyedokun, G. E. (2018). Any Justification For Creative Accounting: Where Are Fraud, Examiners? ACFE African Conference October 15-17, 2018: Johannesburg, 11(1), 1–5. http://link.springer.com/10.1007/978-3-319-59379-1%0Ahttp://dx.doi.org/10.1016/B978-0-12-420070-8.00002-7%0Ahttp://dx.doi.org/10.1016/j.ab.2015.03.024%0Ahttps://doi.org/10.1080/07352689.2018.1441103%0Ahttp://www.chile.bmw-motorrad.cl/sync/showroom/lam/es/

Putra, P. A. A. (2024). Konsep Sadd Al-Dzarî’ah Menurut Ibn Qayyim Al-Jauziyyah Dan Aplikasinya Dalam Hukum Ekonomi Syariah (Mu’âmalah Mâliyyah). AL-AFKAR: Journal for Islamic Studies, 7(1), 1138–1153. https://doi.org/10.31943/afkarjournal.v7i1.926.The

Rahman, Muhammad Shajib Hasan, M. J., Khan, M. S. H., & Jahan, I. (2023). Antecedents and Effect of Creative Accounting Practices on Organizational Outcomes: Evidence from Bangladesh. Heliyon, 9(9 February 2023).

Setiawati, L., & Na’im, A. (2000). Manajemen Laba. Jurnal Ekonomi Dan Bisnis Indonesia, 15(4), 424–441.

Stolowy, G; Breton, H. (2004). Accounts Manipulation: A Literature Review and Proposed Conceptual Framework. Review of Accounting and Finance, 3(1), 7.

Strakova, L., & Zvarikova, K. (2021). Creative Accounting: A Short Literature Review. Proceedings of the 7th Annual International Conference on Social Science and Contemporary Humanity Development (SSCHD 2021), 610(Sschd), 209–212. https://doi.org/10.2991/assehr.k.211215.038

Sugiyono. (2014). Metode Penelitian Kuantitatif, Kualitatif dan R&D. Alfabeta.

Tsuyoshi, G., & Yamamoto, G. (2023). Debt Issuance Incentives and Creative Accounting: Evidence from Municipal Mergers in Japan. Journal of The Japanese and International Economies, 68(23 March 2023).

Usmar, D. (2014). Tinjauan Teori Akuntansi Positif Terhadap Fenomena Creative Accounting. JAWARA: Jurnal Wawasan Dan Riset Akuntansi, 1(2), 80–92.

Wilopo. (2006). Analisis Faktor-Faktor Yang Berpengaruh Terhadap Kecenderungan Kecurangan Akuntansi: Studi Pada Perusahaan Publik Dan Badan Usaha Milik Negara Di Indonesia. Simposium Nasional Akuntansi 9 Padang, 031, 1–23.

Downloads

Additional Files

Published

2024-06-29

Issue

Vol. 6 No. 1 (2024)

Section

Articles

License

The copyright of the received article shall be assigned to the journal as the publisher of the journal. The intended copyright includes the right to publish the article in various forms (including reprints). The journal maintains the publishing rights to the published articles. Authors are allowed to use their articles for any legal purposes deemed necessary without written permission from the journal with an acknowledgment of initial publication to this journal.

The work under license Creative Commons Attribution License