| Journal Call no. | HF5601.N43 |
|---|
| Author | Chan, Terence. |
|---|
| Article Title | Not-for-profit organisations reporting : past and future / Terence Chan, Gerald Chau and Albert Chow. |
|---|
| Is Part Of | The Hong Kong accountant ; v.6, no.6, Nov/Dec 1995, p.68-71, illus. |
|---|
| Abstract | In Hong Kong, there have been no official guidelines issued concerning the financial reporting for not-for-profits organisations (NPO). Without the aid of a framework, financial reporting for NPO is bound to be problematic. The objectives of this paper are to: carry out a simple survey on NPOs' reporting practices so that existing reporting problems experienced by the profession could be addressed; discuss the implications from the observed diversities; explore the possiblity of applying the traditional conceptual framework recommended by the Financial Accounting Standards Board (FASB) in the NPO environment; and suggest future financial reporting direction for NPO. |
|---|
