Pengaruh SAK Syariah dan Audit Syariah Terhadap Kualitas Laporan Keuangan Koperasi Syariah Kota Medan

Abstract

This study aims to see the effect of understanding Islamic financial accounting standards and sharia auditing board on the quality of financial reports. The population used in this study were all Islamic cooperatives in the city of Medan. This study uses quantitative methods, the data analysis technique used in this study is the Structural Equation Model (SEM) approach based on Partial Least Square (PLS). The structural model testing in PLS is carried out with the help of Smart PLS ver. 3 for Windows. The results showed that the effect of understanding Islamic financial accounting standards on the quality of financial reports has a path coefficient of 0.624. This shows that the higher the level of understanding of Islamic financial accounting standards, the better the quality of the resulting financial statements. Sharia audit has no significant effect on the quality of financial reports as assessed with a path coefficient of 0.107 and a T Statistics value of 0.636 <1.96 T Table and a probability value (p value) of 0.525> 0.05 (not significant), meaning that Islamic audit has no effect on the quality of financial reports.