non-accounting personnel such as those in marketing, human resources or production andnon-managerial personnel in accounting functions. The results of this questionnaire arereported in Section 10.4 and the researcher’s interpretation of the results is given in section10.5.The general conclusions of the chapter (reported in section 10.6) are that the resultsprovide some but not strong support, for the suggestion that conventional accounting leadsto unIslamic behaviour. However, Muslim users of conventional accounting in Islamicorganisations seem to weather the effects of conventional accounting better than Muslimand non-Muslim organisations. Although conventional accounting
does not seem to derailthe objectives of Islamic Business Organisations, this is less so in the case of Muslimorganisations and least in Non-Muslim organisations where conventional accounting profitsdrive the organisations and may lead Muslims to unIslamic behaviour to a larger extent. Dueto the difficulty in defining and accessing the population of respondents and thenon-feasibility of using a random sample, the results cannot be inferred to the population. Onthe other hand, the similarity of results obtained from two sets of sample (executive MBAstudents and those delivered directly) indicated the general validity of the results, at leastprima facie. There is definitely scope for further research on this matter.
As discussed in chapters 3 and 6, the researcher argued that as Accounting has bothpositive and negative behavioural consequences (Prakash & Rappaport, 1977; Miller &O’Leary, 1987) for employees and users within a firm. In particular it may lead tounintended unethical and therefore unIslamic behaviour such as padding of budgets, frictionand tension between employees, an excessive focus on profits to the detriment of social andenvironmental consequences.
Current dominant system of accounting originating in the practices and standards of Anglo-Americanprofessional accountancy bodies, multinational audit firms and Anglo-American dominated standard settingbodies such as the IASC.