The Influence of the Implementation of Islamic Accounting Standards on the Financial Transactions Management in Islamic Banks

Abstract

This study aims to determine the influence of the implementation of the Islamic Accounting Standards on the Financial Transactions Management at Islamic Banks (Bank Rakyat Indonesia Syariah Tbk) over a 3-year period from 2017-2019. This research method used secondary data from Bank Rakyat Indonesia Syariah over a three-year period, starting from 2017-2019. The sample data was used as research material in examining the effect of the implementation of Islamic accounting standards on transactions management in Islamic banks using PSAK 101 as the research indicator. Based on the research results, it can be seen that there is a significant influence with the existence of business activities with Islamic accounting standards on the financial transactions management at Bank Rakyat Indonesia Syariah using PSAK 101 as the research indicator, the results showed that the influence of PSAK 101 in managing financial statements has a significant effect, it can be seen from the yields per period that decreased and increased rapidly using Islamic principles, the results obtained were the increase in profits generated by Bank Rakyat Indonesia Syariah in the last 3 (three) periods in 2017 with a profit of 8,264,000,000,- in 2018 with a profit of 514,000,000,- and in 2019 with a total profit of 6,146,000,000,- it can be seen that there are fluctuations in the dynamics of financial transactions presented over 3 periods.