Accounting for Governmental and Nonprofit Entities
نویسندگان
چکیده
منابع مشابه
Should business and non-business accounting be different? A comparative perspective applied to the new French governmental accounting standards
With the enactment of the General Law of Finances of 2001 (LOLF, 2001), the French Government introduced a new set of accounting standards shaped by an explicit conceptual framework. This legislation retains for public sector accounting the logic of financial reporting that had been in effect for business enterprises, but also addresses the “specificities” of accounting for public sector entiti...
متن کاملFederal tax-exemption requirements for joint ventures between nonprofit hospital providers and for-profit entities: form over substance?
This article discusses the IRS rule on hospital joint ventures and related legal developments. The central thesis is that the IRS's emphasis on operational control is misplaced from both a legal and a policy perspective, and reflects a decidedly strong preference for the form of a joint venture's governance over the substance of its charitable and community service activities. More specifically...
متن کاملWhy Private Firms, Governmental Agencies, and Nonprofit Organizations Behave Both Alike and Differently: Application to the Hospital Industry
This paper addresses two specific questions: (1) What behavior is predicted by a “twogood model” in which nonprofit and governmental organizations maximize output of a mission-good—defined as socially desirable but privately unprofitable—and produce a profitable revenue-good to finance that mission? (2) To what extent can the observed differences in economic behavior among institutional forms b...
متن کامل“governmental Accounting Reform in the Greek Public Hospitals: Some Preliminary Results of Its Implementation”
The reforms in the public sector accounting and financial management, as an important part of the New Public Management (NPM) initiative, have attracted considerable interest all over the world. The purpose of this study is to present empirical results related to the introduction and implementation of a governmental financial accounting reform in the public health sector in Greece five years af...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Issues in Accounting Education
سال: 2010
ISSN: 0739-3172,1558-7983
DOI: 10.2308/iace.2010.25.1.176