Construction of Financial Statement for Islamic Household

Abstract

This study aims to investigate how to develop sharia accounting to compile Islamic household financial statements. The study was used qualitative research for analytical, empirical data. The respondents for the research are 5 Islamic housewives and accountant educators (accounting lecturers) who were selected by purposive sampling in East Java. The obtained data were analyzed via Miles Huberman's approach with three analytical elements. The results showed that Islamic household financial statements consisted of; (a) statement of financial position, (b) cash flow statement and, (c) statement of changes in funds. The Islamic accounting development model for Islamic household entities uses an integration, interaction, and evolution approach that was developed from empirical facts about the existence of financial statements occurring in Islamic households synchronized with the opinions of educators accountants about Islamic financial statements and then integrated with Islamic teachings.