Performance Reporting Practice of Malaysian State Islamic Religious Councils towards Enhancing Accountability

This study investigates in-depth the performance reporting practices in
Malaysian State Islamic Religious Councils (SIRC).Semi-structured
interviews are conducted with accountants of SIRC and contributors,
representing the public. Such interviews are carried out to discuss the
current reporting practices. This study addresses the current
performance reporting practices of State Islamic Religious Councils in
Malaysia. It begins with the definition of performance reporting in the
context of SIRC, it’s relevance, current practices and also
recommendations for a more comprehensive performance reporting. The
performance reporting essentially, is as part of an annual report, which
expected by a wide range of stakeholders. Indeed, this study views that
public accountability is pertinent, which appreciates the public’s right to
get information about SIRC’s performance. A comprehensive corporate
annual report should include performance reporting, indicating the
importance of performance report not just financial performance but also
non-financial performance. Particularly, for those organisations with not
for profit oriented organisations like faith-based organisations, SIRC,
zakat institutions, NGOs and even government agencies. Performance
reporting studies in the context of not-for-profit organisations are at the
infancy level. Despite the relevance of such report, similar non-profit
organisations also could benefit from this study. Having a best reporting
practice, non-financial performance aspects cannot be neglected so as to
be seen being accountable to various stakeholders.

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