Islamic Accounting: Social, Ethical and Religious Aspects of Development

The article focuses on the social significance of accounting and ethics as its integral part as well as on the way a religion influences the development of accounting principles and practices. Social, ethical and religious aspects of accounting development are considered on the example of the Islami...

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Main Author: EKATERINA Y. Voronova
Format: Article
Language:Russian
Published: Government of Russian Federation, Financial University 2019-01-01
Series:Учёт. Анализ. Аудит
Subjects:
Online Access:https://accounting.fa.ru/jour/article/view/177
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author EKATERINA Y. Voronova
author_facet EKATERINA Y. Voronova
author_sort EKATERINA Y. Voronova
collection DOAJ
description The article focuses on the social significance of accounting and ethics as its integral part as well as on the way a religion influences the development of accounting principles and practices. Social, ethical and religious aspects of accounting development are considered on the example of the Islamic accounting model. Currently, this model is the only one that was formed and is still developing under the strong influence of the religious factor. In Islamic society the development of accounting theory is mainly based on the provisions of the Islamic law (Shari’a) though it may also use as a basis other principles which do not contradict Shari’a. The article discusses the Code of Ethics adopted by Accounting and Auditing Organization for Islamic financial institutions. The most attention is paid to the principle of “Maslahat”, which is a guide for accountants in making decisions in the situations involving conflict of interest. The article considers the issues of social responsibility, accountability and disclosure of information from the viewpoint of Islamic accounting.
format Article
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issn 2408-9303
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publishDate 2019-01-01
publisher Government of Russian Federation, Financial University
record_format Article
series Учёт. Анализ. Аудит
spelling doaj-art-0555b19895614f8d8426bf185406d5932025-08-20T03:18:53ZrusGovernment of Russian Federation, Financial UniversityУчёт. Анализ. Аудит2408-93032619-130X2019-01-0104939810.26794/2408-9303-2017--4-93-98177Islamic Accounting: Social, Ethical and Religious Aspects of DevelopmentEKATERINA Y. Voronova0Moscow State Institute of International Relations (University) of the Ministry of Foreign Affairs of the Russian FederationThe article focuses on the social significance of accounting and ethics as its integral part as well as on the way a religion influences the development of accounting principles and practices. Social, ethical and religious aspects of accounting development are considered on the example of the Islamic accounting model. Currently, this model is the only one that was formed and is still developing under the strong influence of the religious factor. In Islamic society the development of accounting theory is mainly based on the provisions of the Islamic law (Shari’a) though it may also use as a basis other principles which do not contradict Shari’a. The article discusses the Code of Ethics adopted by Accounting and Auditing Organization for Islamic financial institutions. The most attention is paid to the principle of “Maslahat”, which is a guide for accountants in making decisions in the situations involving conflict of interest. The article considers the issues of social responsibility, accountability and disclosure of information from the viewpoint of Islamic accounting.https://accounting.fa.ru/jour/article/view/177бухгалтерский учетислампринципы бухгалтерского учетаэтикасоциальная ответственностьподотчетностьзакятaccountingislamaccounting principlesethicssocial responsibilityaccountabilityzakat
spellingShingle EKATERINA Y. Voronova
Islamic Accounting: Social, Ethical and Religious Aspects of Development
Учёт. Анализ. Аудит
бухгалтерский учет
ислам
принципы бухгалтерского учета
этика
социальная ответственность
подотчетность
закят
accounting
islam
accounting principles
ethics
social responsibility
accountability
zakat
title Islamic Accounting: Social, Ethical and Religious Aspects of Development
title_full Islamic Accounting: Social, Ethical and Religious Aspects of Development
title_fullStr Islamic Accounting: Social, Ethical and Religious Aspects of Development
title_full_unstemmed Islamic Accounting: Social, Ethical and Religious Aspects of Development
title_short Islamic Accounting: Social, Ethical and Religious Aspects of Development
title_sort islamic accounting social ethical and religious aspects of development
topic бухгалтерский учет
ислам
принципы бухгалтерского учета
этика
социальная ответственность
подотчетность
закят
accounting
islam
accounting principles
ethics
social responsibility
accountability
zakat
url https://accounting.fa.ru/jour/article/view/177
work_keys_str_mv AT ekaterinayvoronova islamicaccountingsocialethicalandreligiousaspectsofdevelopment