Preparing Financial Reports Based on Non-Profit Organization as Specified in ISAK 335: A Case Study at Aisyiyah Orphanage Foundation Malang

Abstract

Abstract— This study aims to provide guidelines for preparing financial reports for non-profit organizations based on the 
ISAK 335 principles. The research was conducted at the Aisyiyah Orphanage Foundation in Malang. A quantitative approach 
was employed, utilizing both primary and secondary data sources. Data collection methods included interviews and 
observations. The data analysis technique employed was the Miles and Huberman model, which involves data reduction, data 
display, and conclusion drawing. The findings indicate that the Aisyiyah Orphanage Foundation has not yet adhered to the 
ISAK 335 in preparing its financial reports. The existing reports are relatively simple, consisting only of cash inflows and 
outflows. Following implementation of ISAK 335, the Foundation will be able to generate five distinct financial reports. This 
implementation enables the Foundation to create more comprehensive, accurate, and transparent financial statements, thereby 
improving organizational performance, decision-making processes, and the reliability and credibility of financial reporting.