Studies on the Accounting Standards of Non-for-Profit-Organization of China
|Keywords||Non-for-Profit Organization Non-for-Profit Organization Accounting Standards Institutions Accounting|
Non-for-Profit Organizations of our country contain very extensively. As a form of society organization, Non-for-Profit Organizations have played an important role in the development of social economy throughout the country under the environment of globalization. Research on accounting for Non-for-Profit Organizations in our country has been dropped behind western countries for a long time. Furthermore, there is no formal accounting law in the system of accounting. As the national economy develops, to reform the poor governance system of state-owned public organizations and to improve the managerial performance of social organizations is proposed to the agenda. Accordingly the construction of Accounting Standards of Non-for-Profit Organization should be proposed to the agenda too.In this background, we propose building the accounting standards of Non-for-Profit Organization of China. First of all, in view of Non-for-Profit Organization of the accounting standard model selection, in contrast the existing model of the domestic and international, according to actual conditions of China we adopt the accounting system of Accounting Standard Model add System Model. Then, in the framework of this model, described a few basic theory in detail of Non-for-Profit Organization accounting standards, these are accounting issues including accounting objectives, accounting assumption, accounting elements, recognition and financial statement and so on. Finally, under the basis of this paper, we put forward a Non-for-Profit Organization accounting standards of China.Through in-depth study, we believe that the accounting for Chinese Non-for-Profit Organization accounting should be standardized by a unified set of accounting standards. For the few basic theoretical issues of Non-for-Profit Organization accounting standards, we think that Non-for-Profit Organization accounting objective should be located in the responsibility .On the accounting assumption, we should use a suitable fund accounting model for Chinese national conditions. For the Non-for-Profit Organization Accounting Stage, calendar year system and parallel system could be used. At the same time, we improved and expanded the Non-for-Profit Organization accounting elements, added the balance of additional elements. while choose the measurement of elements, Non-for-Profit Organization should use the accrual basis principle. In the measurement attributes, we introduced enterprise accounting business, and used a variety of measurement methods. As the accounting report of Non-for-Profit Organization, we believe that the existing Balance Sheet needs to be improved and add Cash Flow Statement.