Penerapan akuntansi Zakat, Infak dan Sedekah (ZIS) pada LAZISMU Kota Metro

The amil zakat, infak and alms institution is an institution that was formed and specifically manages zakat, infak and alms funds from the community. The allotment of zakat, infaq and alms funds can fulfill as it should in economic equity and promote shared welfare, especially for those who are economically deficient. In managing zakat, infaq and alms funds, it must be carried out with transparency and responsibility which is broken down in its financial reports, starting from the collection of funds to the distribution of funds. Disclosure of zakat infaq and alms fund reports at LAZISMU already refers to existing standards. It can be seen from the separation of data presentation between zakat funds, infaq/alms, amil to non halal funds. When cash and non-cash receipts have been recorded in-accordance with the guidelines, especially non cash receipts have been recorded at fair value and disbursed at carrying value. Meanwhile, the complete financial reports available at LAZISMU are Cash Flow Reports, Changes in Funds Reports and Financial Position Reports.