scholarly journals THE ACCOUNTING OF NON-PROFIT ORGANIZATIONS IN PORTUGAL: THE CASE OF PRIVATE INSTITUTIONS OF SOCIAL SOLIDARITY (IPSS)

2012 ◽  
Vol 5 (1) ◽  
pp. 72-82
Author(s):  
Maria da Conceição da Costa Marques ◽  
Vanda Maria Vilarinho Maciel
Keyword(s):  
Nonprofit Organizations ◽  
Nonprofit Sector ◽  
Accounting Standards ◽  
Social Solidarity ◽  
Accounting System ◽  
Non Profit ◽  
Goods And Services ◽  
Accounting Rules ◽  
Indispensable Tool ◽  
Government Body

The nonprofit sector is made up of nonprofit organizations that, by law or custom, do not distribute any profit that may be generated by the Associates. They are institutionally separate from government, are self managed and non-binding. The IPSS, are non-profit institutions, created by private initiative, with the purpose of giving organized expression to the moral duty of solidarity and justice between individuals and they are not administered by the State or a local government body to proceed among others, their goals, through the provision of goods and services. The new accounting system of nonprofit institutions, emerges as an indispensable tool for management, because these organizations are not sufficiently different from business enterprises, public agencies, etc., Management models and practices adopted will be similar. This study deals with the system of accounting standards for non-profit sector entities (ESNL), part of the Accounting Standardisation System (SNC), through which they create their own accounting rules, application-specific entities to continue, under primary, non-profit activities and not distribute to its members or taxpayers any direct financial or economic gain. Key words: accounting standards, ESNL, accounting, financial statements.

scholarly journals The Truth about Honesty in the Nonprofit Sector

2020 ◽  
Author(s):  
Bruce D. McDonald ◽  
Christopher B Goodman
Keyword(s):  
Nonprofit Organizations ◽  
Financial Reporting ◽  
Nonprofit Sector ◽  
The United States ◽  
Financial Information ◽  
Benford’S Law ◽  
Non Profit ◽  
External Monitoring ◽  
Benford's Law ◽  
Program Costs

The nonprofit sector aims to provide services with a public benefit, but how honest is it? Since the nonprofit sector relies on fundraising efforts to support its administration and program costs, and since poor financial performance can scare potential contributors away, nonprofit organizations have an incentive to appear fiscally healthy regardless of their true condition. We examine the factors associated with the honesty of organizations in the nonprofit sector using Benford’s Law, which tests for abnormalities in data that result from intentional falsification. Using the 990 tax filings for 51,010 nonprofits in the United States from 2012 and 2013, we find evidence of problems in the accuracy of their financial reporting. Those organizations with more external users of their financial information tend to conform more closely with Benford’s Law, suggesting more external monitoring of non-profit organizations may decrease the likelihood of misreported financial information.

scholarly journals The COVID Wildfire: Non-Profit Organizational Challenge and Opportunity

2020 ◽  
Vol 11 (2) ◽  
pp. 8
Author(s):  
Jeff Loomis
Keyword(s):  
Nonprofit Organizations ◽  
Business Models ◽  
Nonprofit Organization ◽  
Nonprofit Sector ◽  
Non Profit ◽  
Program Delivery ◽  
De Se ◽  
Key Barrier ◽  
Organizational Challenge ◽  
Innovative Approaches

Nonprofit organizations in Canada were significantly impacted by COVID-19, including lost revenue and needing to adjustthe program delivery. The lack of technology capacity in the nonprofit sector is a key barrier for many nonprofit organizations to adapt to delivering programs online. Momentum, a Calgary-based nonprofit organization, experienced both financial and programmatic challenges due to COVID-19. Momentum pivoted program delivery to provide supports during the COVID-19 lockdown and developed innovative approaches to online programming. Since the start of the COVID-19 pandemic in Canada, Momentum was able to rapidly develop its capacity to use technology for online programming with the support of critical new funding. Many nonprofits will have to transform their business models to not only survive but thrive in the post-COVID world.Les organismes à but non lucratif (OBNL) au Canada ont été fortement touchées dans le contexte de la pandémie de laCOVID-19, notamment à cause d'une perte de revenus et de la nécessité de se réajuster afin de prêter des services enligne. Le manque de capacités technologiques dans le secteur à but non lucratif est un obstacle majeur à l'adaptation denombreux OBNL à la prestation de services en ligne. Momentum, un OBNL basé à Calgary, a connu des difficultésfinancières et de planification en raison de la COVID-19. Par contre, l'organisme a su adapter son offre de services pourfournir un soutien pendant le confinement et a développé des approches innovantes pour la prestation de services enligne. Depuis le début de la pandémie au Canada, Momentum a développé rapidement sa capacité à utiliser la technologiepour offrir des services en ligne grâce à des nouvelles sources de financement qui ont été essentielles pour cetteadaptation. De nombreux OBNL devront transformer leur modèle d'entreprise pour non seulement survivre, mais aussiprospérer dans un monde post-COVID. 

scholarly journals Information and Communication Technologies in Networks of Non-Profit Organizations

2021 ◽  
Author(s):  
Eli Malinsky
Keyword(s):  
Nonprofit Organizations ◽  
Information And Communication Technologies ◽  
Nonprofit Sector ◽  
Communication Technologies ◽  
Research Process ◽  
Human Action ◽  
Non Profit ◽  
Information And Communication ◽  
Website Analysis ◽  
Different Parts

This thesis explores the recursive interaction among technology, human action and institutional properties in three networks of nonprofit organizations. The aims of the research are two-fold: to make a theoretical contibution to literature on organizations and technology by applying concepts of institutionalism and the structurational model of technology to a unique organizational form; and, to make a practical contribution to the nonprofit sector by improving knowledge of how networks of nonprofit organizations interact with information and communication technologies. The research process involved 13 interviews, 44 qualitative surveys and copious document and website analysis. The findings indicate that technology is not institutionalized uniformly within the network structures but instead comes to assume different roles within different parts of the networks. This leads to an extension of the structurational model of technology and also highlights the importance of flexible technologies that can be adapted to the variable circumstances of a single network structure.

scholarly journals Information and Communication Technologies in Networks of Non-Profit Organizations

2021 ◽  
Author(s):  
Eli Malinsky
Keyword(s):  
Nonprofit Organizations ◽  
Information And Communication Technologies ◽  
Nonprofit Sector ◽  
Communication Technologies ◽  
Research Process ◽  
Human Action ◽  
Non Profit ◽  
Information And Communication ◽  
Website Analysis ◽  
Different Parts

This thesis explores the recursive interaction among technology, human action and institutional properties in three networks of nonprofit organizations. The aims of the research are two-fold: to make a theoretical contibution to literature on organizations and technology by applying concepts of institutionalism and the structurational model of technology to a unique organizational form; and, to make a practical contribution to the nonprofit sector by improving knowledge of how networks of nonprofit organizations interact with information and communication technologies. The research process involved 13 interviews, 44 qualitative surveys and copious document and website analysis. The findings indicate that technology is not institutionalized uniformly within the network structures but instead comes to assume different roles within different parts of the networks. This leads to an extension of the structurational model of technology and also highlights the importance of flexible technologies that can be adapted to the variable circumstances of a single network structure.

scholarly journals The Truth about Honesty in the Nonprofit Sector

2021 ◽  
pp. 188-210
Keyword(s):  
Nonprofit Organizations ◽  
Financial Reporting ◽  
Nonprofit Sector ◽  
The United States ◽  
Financial Information ◽  
Benford’S Law ◽  
Non Profit ◽  
External Monitoring ◽  
Benford's Law ◽  
Program Costs

The nonprofit sector aims to provide services with a public benefit, but how honest is it? Since the nonprofit sector relies on fundraising efforts to support its administration and program costs, and since poor financial performance can scare potential contributors away, nonprofit organizations have an incentive to appear fiscally healthy regardless of their true condition. We examine the factors associated with the honesty of organizations in the nonprofit sector using Benford’s Law, which tests for abnormalities in data that result from intentional falsification. Using the 990 tax filings for 51,010 nonprofits in the United States from 2012 and 2013, we find evidence of problems in the accuracy of their financial reporting. Those organizations with more external users of their financial information tend to conform more closely with Benford’s Law, suggesting more external monitoring of non-profit organizations may decrease the likelihood of misreported financial information.

scholarly journals Accounting Rules for the European Communities: A Theoretical Analysis

2014 ◽  
Vol 4 (3) ◽  
Author(s):  
Yuri Biondi ◽  
Michela Soverchia
Keyword(s):  
Public Sector ◽  
Balance Sheet ◽  
Accounting Standards ◽  
Financial Accounting ◽  
Accounting System ◽  
Member States ◽  
Public Sector Accounting ◽  
Accounting Rules ◽  
The Eu

AbstractIn the last decade, the European Union (EU) has reformed its accounting system, issuing its own conceptual framework and 18 accounting standards that draw upon the International Public Sector Accounting Standards (IPSAS) issued by the IPSAS Board. The aim of this article is to analyse this renewed EU accounting system that frames and shapes financial accounting and reporting of the European Communities (EC), in order to assess its capacity to “truly and fairly” represent EC economic activity as a non-business entity.The EU accounting rules are analysed from a theoretical perspective that disentangles three different accrual-based accounting representations focusing respectively on wealth (static accounting), cash flow and economic flow (dynamic accounting). Our analysis retains a modified dynamic accounting representation that fits the specific economy of public administration. This modified dynamic accounting representation is then applied to assess the representational quality of the EU accounting system. This legal-economic, normative analysis of consistency with our theoretical model is complemented and somehow corroborated by documental analysis, financial analysis and few semi-structured interviews with EU officials.Generally speaking, our analysis shows that the EU accounting system provides a consistent representation of the EC economic and financial activities, although the reference to the IPSAS has somewhat involved the application of a balance sheet accounting approach that is inconsistent with this representation. In particular, the new EU accounting system has improved on some objectives of financial accounting and reporting, such as: the economic function of redistribution related to the economic solidarity between its constituencies (Member States); the prevention of frauds concerned with transfers and financial operations; the accomplishment of intergenerational and transnational equity, through the recovery of incurred expenditures by constituencies (Member States and, indirectly, taxpayers) located in different places at different times.These findings seem relevant not only to assess the quality of accounting representation provided by the EU accounting system but also in the view of its possible influence on the European Public Sector Accounting Standards – making process launched since 2013. This process is expected to reframe and reshape EU Member States’ accounting systems in the near future.

scholarly journals Harmonisation efforts in the field of accounting of public sector

2011 ◽  
Vol 59 (4) ◽  
pp. 195-202
Author(s):  
Milena Otavová
Keyword(s):  
Public Sector ◽  
Financial Reporting ◽  
Accounting Standards ◽  
Financial Statements ◽  
National Standards ◽  
Accounting System ◽  
Financial Reporting Standards ◽  
Public Sector Accounting ◽  
Accounting Rules ◽  
The Difference

Increasing requirements for financial reporting of public sector led to a need to create a system that would provide relevant and reliable information for management of accounting entities of public sector and also to increase the quality of accounting and financial statements of public institutions. The International Public Sector Accounting Standards Board (IPSASB) is therefore creating high-quality financial reporting standards for public sector (IPSAS). Paper points out the ongoing reform of accounting in the field of public finances in the Czech Republic, where there are substantial changes in accounting rules and it also introduces new accounting methods. Regarding the fact that accounting of public sector is nowadays accounting system perhaps with the greatest potential of development, paper highlights the differences in financial reporting in accordance with Czech legislation and IPSAS system. It tries to catch the essential differences that arise from the financial legislation, the accounting basis and also from the content of financial statements. The paper also indicates the difference between Czech Accounting Standards for selected accounting entities that maintain accounts in accordance with Decree No. 410/2009 Coll. and International Public Sector Accounting Standards (IPSAS). There is also recommended approach to the creation of national standards with regard to international harmonization.

scholarly journals Organisasi Pengelola Zakat Komparasi Standar Akuntansi Organisasi Nirlaba Dan Standar Akuntansi

2019 ◽  
Vol 5 (2) ◽  
Author(s):  
Supriyanti Efri
Keyword(s):  
Nonprofit Organizations ◽  
Financial Reporting ◽  
Accounting Standards ◽  
Financial Statements ◽  
Financial Accounting ◽  
Literature Study ◽  
Non Profit ◽  
Management Organization ◽  
Non Profit Organizations

<p class="Standard"><em>Institute of Accountants (IAI) issued Statement of Financial Accounting Standards (PSAK) One of the parameters of public tust in zakat management organization is financial reporting based on accounting and application of sharia principles in it. To this end, the Indonesian No. 109 on zakat accounting standards. Previously the zakat management organization still uses PSAK No. 45 on non-profit accounting. This study aims to provide an overview of accounting standards of nonprofit organizations and accounting standards of zakat management organizations in Indonesia as well as to make comparisons between the two. This study is a literature study. The results of this study indicate there are some differences between non-profit accounting standards with zakat accounting standards. In zakat management organizations there are elements of sharia and it is not found in non-profit organizations in general, there are components of different financial statements which in the organization of zakat management there are additional components, namely: reports on changes in management assets, and so on.</em></p>

21st Century Leadership in the Nonprofit Sector

2012 ◽  
pp. 363-372
Author(s):  
Sharon G. Juozapavicius
Keyword(s):  
Nonprofit Organizations ◽  
21St Century ◽  
Nonprofit Sector ◽  
Education Technology ◽  
Non Profit ◽  
21St Century Education ◽  
Face To Face ◽  
Know How ◽  
The Past ◽  
21St Century Leadership

The past decade has birthed not only remarkable advances in technology, but also an evolution of thought concerning nonprofit organizations. This ontogeny has brought the nonprofit sector face-to-face with a new reality. A certainty confronting head-on the old mores that have dictated the sensibilities by which a nonprofit’s manner and method were framed. Success, in the 21st century marketplace, now requires a non-profit to be both technically astute and business savvy. It must not only equal or outperform its sister agencies, but also meet challenges posed by the worlds of commerce and government. Its leadership in turn must be equipped to handle these challenges and oversee profitable processes and procedures. This chapter will consider four key requisites for nonprofit leaders in the 21st century: education, technology, know-how, and environment. It will examine the role each plays in a leadership portfolio, along with the difficulties and rewards inherent in their determination and utilization.

scholarly journals PINTEREST AS AN EFFECTIVE TOOL FOR PROMOTION NON-PROFIT IN TERMS OF MARKET TRENDS IN SOCIAL MEDIA

2021 ◽  
Author(s):  
Iryna Bilyk ◽  
Anhelina Podaryn
Keyword(s):  
Social Media ◽  
Nonprofit Organizations ◽  
Social Functions ◽  
Non Profit ◽  
Goods And Services ◽  
Nonprofit Organisations ◽  
Non Profit Organizations ◽  
Brand Promotion ◽  
Potential Methods ◽  
High Level

In the age of IT, social media acquired a status of fast, powerful and dynamic ways to share information. Social medias like Pinterest, Facebook, Twitter and many others, are used in everyday life by billions of people, especially youth. As a result, efficiency issues of informational potential are especially important in the context of informatization of society. In this article, I analyzed the necessity of marketing on social media for nonprofit organisations. Underlined the problem of brand promotion on social media caused by the high level of competition. During the research, I analyzed the effectiveness of underrated social media - Pinterest, that allows you to save a great amount of pictures with integrated social functions. Pinterest is not just a social media, that works differently than Facebook or Twitter, where likes are extremely valuable. The main purpose of Pinterest in contrast to other social media is SEO - account description, boards and every pin. I described benefits, gained by every non-profit organization, using SMM strategies. With a properly developed strategy, Pinterest search engine will be working excellent for B2B and B2C segments. I outlined potential methods of promoting nonprofit organizations via this social media and developed the activity strategy for this organizations. Since Pinterest users are mostly USA and Europe citizens - a solvent segment, ready for buying goods and services on social media, and the target audience of nonprofits needs these investments, it is proved that Pinterest will be a useful tool due to its inexpensiveness, providing stable traffic, easy and even free to promote posts. Pinterest marketing strategy is important for businesses of any size, in any industry. It is important to develop a strategy for a specific social network, because each has its own algorithm. Non-profit organizations should build a strategy on Pinterest, analyze and optimize it. The most important Pinterest feature for non-profit organizations is that Pinterest, unlike other social media, is future-oriented. It should be underlined that Pinterest is an ideal tool for young sites and startups with a limited budget.

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