SEMINAR IN ISLAMIC ACCOUNTING AND REPORTING

About this Course

  • 57 students enrolled
  • 2 instructors

Course Description

This course is designed to discuss the emerging issues in Islamic accounting, auditing, governance and risk management in the Shariah Compliant institutions (SCIs). The first part of this course focuses on how accounting is being influenced by the Islamic worldview legally and ethically. The second part discusses on emerging issues such as differences in accounting concepts from the conventional perspective, harmonization of the accounting standards and accounting for Islamic investment & securities. The final part of the course focuses on auditing, governance and risk management in SCIs.

Course Learning Outcomes

1 ) Adhere to professionalism for ethical decision making related to emerging issues of Islamic accounting and reporting of Shariah Compliant Institutions
2 ) Explain current practices, issues and development of Islamic accounting and reporting in Shariah compliant institutions
3 ) Demonstrate leadership skill in dealing with Islamic accounting and reporting of Shariah compliant institutions.

Course Details

STATUS : Open
DURATION : FLEXIBLE
EFFORT : 3 hours per week
MODE : 100% Online
COURSE LEVEL : Intermediate
LANGUAGE : English
CLUSTER : Business & Management ( SP )

Join this course

 Syllabus

Introduction to Islamic financial system
Development of tIslamic financial system.
Overview of Capital Market in Malaysia and Waqf Institutions

Islamic worldview
Accounting concepts from Islamic perspective
Zakat Accounting

International accounting harmonisation
AAOIFI
IFRS on accounting

Reporting requirements from Islamic perspectives
AAOIFI Code of Ethics for Accountants
Corporate Reporting for Shariah Compliant Institutions

Introduction to Auditing and Governance of Shariah Compliant Institutions
Shariah compliance, Shariah audit & Shariah review
Shariah Governance Framework

Unique risk for Shariah Compliant Institutions
Guiding principles of risk management for Shariah Compliant Institutions
Issues in risk management

Our Instructor

PROFESOR MADYA DR KHAIRUL 'AYUNI BINTI MOHD KHARUDDIN

 Course Instructor
UiTM Shah Alam

DR. NURULHUDA BINTI ABD RAHMAN

 Course Instructor
UiTM Kampus Puncak Alam

 Frequently Asked Questions

A1 : Having knowledge in other discipline such as accounting, economics, muamalat definitely gives advantages in understanding the course

A2 : Anyone with interest with Islamic economics, Islamic accounting, Islamic banking, Islamic finance, Zakat, waqf, Shariah compliant institutions are welcomed to enrol in the course.

A3 : Most probably, Foundation of Islamic Accounting Theory and International Accounting Harmonisation because basically it involves a bit technical content such as Shariah contract applications to product offerings, substance over form and time value of money issues.