The Accountability of Islamic Microfinance Institution: Evidence from Indonesia

Authors

  • Ersa Tri Wahyuni Universitas Bina Nusantara

DOI:

https://doi.org/10.21512/tw.v9i1.728

Keywords:

microfinance, Islamic microfinance, accountability, independent auditor

Abstract

The article aims to provide current condition’s information on the accountability of Baitul Maal wat Tamwil (BMT) in Indonesia. Lack of supervisory board and low demand for audited financial statements provide little incentive for BMT managers to make their financial statement audited by independent auditor. Statistical estimation technique about one sample proportion, give an estimation with 95% confidence level that only 7-20% of BMT is audited by independent auditor. Most of the reason for BMT not being audited are because they feel they do not need an audit and the price for audit is relatively expensive.

Dimensions

Plum Analytics

Author Biography

Ersa Tri Wahyuni, Universitas Bina Nusantara

Jurusan Akuntansi, Fakultas Ekonomi

References

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Published

2008-03-31
Abstract 671  .
PDF downloaded 537  .