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

Cordery, Carolyn J., Crawford, Louise, Breen, Oonagh B. and Morgan, Gareth G. (2019). International practices, beliefs and values in not-for-profit financial reporting. Accounting Forum, 43 , pp. 16-41.

Abstract

Financial reporting is an important aspect of not-for-profit organisations’ (NPOs’) discharge of accountability, particularly for donations and funding. Nevertheless, NPO financial reporting lacks a global approach. Drawing on a multi-national survey attracting more than 600 respondents, this paper utilises a pattern-matching methodology to capturing institutional logics. We uncover tension between NPO financial reporting practice (underpinned by symbolic and material carriers of a local financial reporting logic), and a majority belief that NPO international financial reporting standards should be developed and followed. Conflict between local practice and stakeholder beliefs is evident. Significant belief differences across key stakeholder groups will likely impact NPO financial reporting development.

Publication DOI: https://doi.org/10.1016/j.accfor.2018.05.001
Divisions: Aston Business School > Accounting
Aston Business School
Additional Information: © 2018, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/
Uncontrolled Keywords: Charities,Financial Reporting,Logics,Not-for-Profit,NPO,Accounting,Finance
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Related URLs: https://www.tan ... 82.2019.1589906 (Publisher URL)
http://www.scop ... tnerID=8YFLogxK (Scopus URL)
Published Date: 2019-04-16
Published Online Date: 2018-05-24
Authors: Cordery, Carolyn J. ( 0000-0001-9511-7671)
Crawford, Louise
Breen, Oonagh B.
Morgan, Gareth G.

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