Zakah Accounting and Auditing : Principles, Rules and Experience in Pakistan

The paper is a case study of zakah accounting and auditing system as in vogue in Pakistan. Although there is no professional document from which to infer the accounting and auditing standards, yet the paper tries to infer the accounting and auditing standards from the Zakah Manual. The author carried out extensive interviews with the operational staff in the field to arrive at his conclusions. He casts a critical look on the existing arrangements and makes several suggestions to improve the accounting and auditing system of zakah in Pakistan