THE ROLE OF HOUSEHOLD ACCOUNTING IN IMPROVING QUALITY OF ISLAMIC LIFE
THE ROLE OF HOUSEHOLD ACCOUNTING IN IMPROVING QUALITY OF ISLAMIC LIFE

Summary/Abstract: This research intends to learn more about the role of household accounting in improving Islamic life by examining the accounting practices of informants and examining the benefits that informants gain from carrying out accounting practices in their homes. A qualitative method with a phenomenological approach was applied. In this study, the informants were eight married seventh-semester accounting students. In-depth interviews with each informant were used as data gathering strategies. According to the findings of this study, all of the interviewees have done accounting in their households since they were married, and their wives have kept track of it. Accounting in the home is vital, according to all of the respondents, for the following reasons Accounting in the home is important to all of the informants for the following reasons: 1) it can bring peace to financial management, 2) it can shape a thrifty and careful person, 3) it can be used as material for evaluation and long-term saving decisions, and 4) it can be used as an investment decision in the afterlife to pay zakat.

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