International practices, beliefs and values in not-for-profit financial reporting

Cordery, Carolyn J.; Crawford, Louise; Breen, Oonagh B.; Morgan, Gareth G.

doi:10.1080/01559982.2019.1589906

Cited by 26 publications

(42 citation statements)

References 50 publications

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“…These four papers demonstrate how NGOs have developed additional forms of accountability in the form of actions to meet their specific purposes (Munro, 1996), which allows us to recognise the possibility and capacity of NGOs to design different procedures of how accounts should be produced and exchanged (Roberts, 1991(Roberts, , 2003 with the clients, users, or beneficiaries, members, communities, partners, staff and supporters (Christensen & Ebrahim, 2006;Dixon et al, 2006Edwards & Hulme, 1996. The other papers in this special issue (Cordery et al, 2019;Kemp & Morgan, 2019;McDonnell & Rutherford, 2019) also problematise the capacity of formal financial reporting to satisfy all the accounting and accountability requirements of NGOs. Therefore, NGOs were observed to complement formal, accounts by producing customised, voluntary accounts (Christensen & Ebrahim, 2006) that enabled the NGO to "account" for a more holistic understanding of their responsibilities that extends beyond economic and legal compliance (Munro, 1996).…”

Section: Ngos Social Purpose Accounting and Accountabilitymentioning

confidence: 97%

“…The interaction of the six definitional themes in the NGO ecosystem and the emergence of NGO-related scandals and frauds has a number of specific attributes that are also necessary to consider in academic research, and these are highlighted through the papers in this issue. First, the NGO sector is a significant and growing part of many nations' economies (Salamon et al, 2013), a matter which has led to the increase of regulation and reporting requirements (see Cordery et al, 2019;McDonnell & Rutherford, 2019). Secondly, NGOs within this ecosystem are diverse in terms of size however measured (O'Leary, 2017).…”

Section: Ngossome Definitional Issuesmentioning

confidence: 99%

“…Hence, papers have been selected for this issue to tease out the tensions that arise in specific environments. These include analysis of differences internationally (Cordery et al, 2019), differences in purpose, and in specific contexts which may bring different responses to the challenges of NGO accounting and accountability (Denedo et al, 2019;Goncharenko, 2019;Uddin & Belal, 2019).…”

Section: Ngossome Definitional Issuesmentioning

confidence: 99%

“…For example, an annual financial report could be considered satisfactory in terms of its full compliance with regulations, but inadequate from a stakeholder engagement perspective. This tension is identified in a number of papers in this special issue (for example, Cordery et al, 2019;Kemp & Morgan, 2019;McDonnell & Rutherford, 2019). Table 2 provides a structure within which to position the papers in this special issue.…”

Section: Ngos Social Purpose Accounting and Accountabilitymentioning

confidence: 99%

“…There are broadly two groups of papers presented in this special issue. The first group of papers (Cordery et al, 2019;Kemp & Morgan, 2019;McDonnell & Rutherford, 2019) highlights challenges in accounting and accountability related issues in formal financial reporting, auditing and disclosures aimed specifically at the regulators. The second group of papers (Denedo et al, 2019;Goncharenko, 2019;Uddin & Belal, 2019;Yates et al, 2019) examine more informal type of accounting and accountability related challenges related to NGOs' broader mission or social purpose.…”

Section: Conclusion and Future Research Agendamentioning

confidence: 99%

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NGO accounting and accountability: past, present and future

2019

Self Cite

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The main aim of this paper is to introduce key themes of NGO accounting and accountability and provide an overview of the papers included in this special issue. These papers deal with formal reporting issues related to the regulatory requirements as well as various alternative forms of informal accountability mechanisms which are more related with the core social purpose of the organisation. This special issue contributes not only to the scholarly debates on NGO accounting and accountability but also to the various issues facing policy makers and NGO practitioners. We have provided a robust research agenda for future researchers. HIGHLIGHTS. We define the term 'NGO' for the purposes of this issue, concluding that NGOs' social purposes and the constraint on distribution of surpluses are the two common characteristics.. This definition encourages researchers to cast their net wider when considering contexts in which to undertake their NGO study.. NGO accountability discharge is broadening to a wider range of stakeholders.. There are many NGO accounting and accountability issues that warrant further research.

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Section: Ngos Social Purpose Accounting and Accountabilitymentioning

confidence: 97%

Section: Ngossome Definitional Issuesmentioning

confidence: 99%

Section: Ngossome Definitional Issuesmentioning

confidence: 99%

Section: Ngos Social Purpose Accounting and Accountabilitymentioning

confidence: 99%

Section: Conclusion and Future Research Agendamentioning

confidence: 99%

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NGO accounting and accountability: past, present and future

2019

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Are We Accountable Enough? Exploring VBO Accounting, Reporting, and Governance in Indonesia's Pesantren Landscape

Rahajeng,

Putri

2024

Economics and Finance Readings

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Web-disclosure practices for transparency and the sustainability of non-profit organisations

Nair

Arshad

Muda

et al. 2022

Int Rev Public Nonprofit Mark

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In times of economic uncertainty, non-profit organisations (NPOs) are struggling to stay afloat as funds diminish and partners prioritise their own survival. This study is anchored to the premise that the sustainability of NPOs is highly dependent on their ability to gain stakeholder trust, and that strategic communication is central to achieving this. We focused on the practices of Malaysian NPOs in measuring and reporting the impact of their programmes. Through an analysis of their official websites, we sought evidence of how programme outcomes were reported and the extent to which NPOs engaged in dialogic communication using readily available multimedia tools. Finally, we devised and tested a programme evaluation instrument for use by Malaysian NPOs when planning for outcome-driven activities. The findings revealed that a significant number of Malaysian NPOs were operating without an official website. Those which had websites generally appeared to provide opportunities for dialogic communication with stakeholders and the wider community. A survey of NPOs suggested that they took dialogic communication seriously and responded to communication in a timely manner. However, the NPOs were less successful in reporting their initiatives in a way that would help them gain stakeholder trust. As such, opportunities to convince potential funders for future activities appear limited, threatening the sustainability of the NPOs. The second phase of the study suggests that the use of the programme evaluation instrument helps in sensitising NPOs about planning for and reporting impactful programmes.

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International practices, beliefs and values in not-for-profit financial reporting

Cited by 26 publications

References 50 publications

NGO accounting and accountability: past, present and future

NGO accounting and accountability: past, present and future

Are We Accountable Enough? Exploring VBO Accounting, Reporting, and Governance in Indonesia's Pesantren Landscape

Web-disclosure practices for transparency and the sustainability of non-profit organisations

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