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

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

doi:10.1016/j.accfor.2018.05.001

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

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

Research output: Contribution to journal › Article › peer-review

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.

Original language	English
Pages (from-to)	16-41
Journal	Accounting Forum
Volume	43
Early online date	24 May 2018
DOIs	https://doi.org/10.1016/j.accfor.2018.05.001
Publication status	Published - 16 Apr 2019

Bibliographical note

Keywords

Charities
Financial Reporting
Logics
Not-for-Profit
NPO

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10.1016/j.accfor.2018.05.001

International practices, beliefs and values in not-for-profit financial reporting
© 2018, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/
Accepted author manuscript, 577 KBLicence: CC BY-NC-ND 3.0

Cite this

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

abstract = "Financial reporting is an important aspect of not-for-profit organisations{\textquoteright} (NPOs{\textquoteright}) 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. ",

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AU - Crawford, Louise

AU - Breen, Oonagh B.

AU - Morgan, Gareth G.

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AB - 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.

KW - Charities

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

Abstract

Bibliographical note

Keywords

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