THE ROLE OF ZAKAT ACCOUNTING TRANSPARENCY AS AN EFFORT TO ALLEVIATE POVERTY: IMPLEMENTATION OF PSAK 409 AT BAZNAS YOGYAKARTA SPECIAL REGION (DIY)

Abstract

Poverty is a challenge for the government of the Special Region of Yogyakarta (DIY), which has the highest poverty rate on the island of Java. Zakat as a social financial instrument has the potential to contribute to solving the problem of poverty. This research focuses on the role of transparency in zakat fund accounting through the implementation of PSAK 409 at BAZNAS DIY. Literature study and a qualitative approach were used to examine the implementation of PSAK 409 in the management of zakat funds at BAZNAS Yogyakarta Special Region (DIY) using descriptive analysis techniques. The management of zakat funds at BAZNAS DIY is in accordance with the accounting standards regulated in PSAK 409. Zakat Accounting Transparency at BAZNAS DIY has an important role and contributes to alleviating poverty in the DIY Province region in line with increasing zakat receipts and reducing poverty rates.