Adoption of Enterprise Accounting Standards for Non-Profit Organizations

• Main Authors: WANG, HSUEH-NI, 王雪妮
• Other Authors: LEE, JAN-ZAN
• Format: Others
• Language: zh-TW
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/823eeg

碩士 === 國立臺北大學 === 會計學系 === 106 === According to the nature of operating entities, nonprofit organizations in Taiwan can be classified into two groups: public charities and private foundations. Accounting regulations of public charities are approved and implemented by Directorate General of Budget, Accounting and Statistics of Executive Yuan. However, accounting discordance commonly presents in the private foundations due to a lack of comprehensive accounting system. Experts are in dispute with enterprise accounting standards (EAS) over nonprofit organizations. This study assessed the feasibility of EAS at nonprofit organizations. The differences in accounting regulations were compared and concluded with the intention to make suggestions on budget planning and financial statements to nonprofit organizations. The study may as well serve as a future reference in accounting regulations. Through literature review, the narrative content of nonprofit organizations, EAS, and accounting in nonprofit organizations were discussed. A systemic analysis was conducted between the users of financial statements, the purpose of financial reports, and the recognition and measurement of elements of financial statements. Based on the analytic results, four fundamental aspects of accounting in nonprofit organizations were proposed: firstly, financial reporting under the cash basis of accounting; secondly, substitute statement of cash receipts and disbursements for statement of cash flows; thirdly, measure the elements of financial statements with historical cost; and fourthly, provide continuous training courses in accounting.