Abstract:

This study aims to evaluate the performance of the Islamic Educational Institute (pesantren) in financial management. The study was conducted in six pesantrens in Indonesia. The results show that Pesantren established an organizational budget planning system at the beginning of the year and have made financial reports but not all pesantren are able to do this in accordance with financial accounting standards. Pesantren have been able to identify potential sources of self-funding and funding sources from the government which is given randomly to all pesantren. Pesantren have made financial reports periodically but they are limited to the pesantren environment only.