Does the GAAP-shoe fit not-for-profit organisations or is it causing them blisters?

Generally Accepted Accounting Practice (GAAP), which comprises International Financial Reporting Standards (IFRSs), has been designed to apply to the general purpose financial statements of all profit-oriented entities, and especially those competing in the international capital markets. On the othe...

Full description

Bibliographic Details
Main Author: Cobus Rossouw
Format: Article
Language:English
Published: AOSIS 2007-04-01
Series:Journal of Economic and Financial Sciences
Subjects:
Online Access:https://jefjournal.org.za/index.php/jef/article/view/377