IDEAS home Printed from https://ideas.repec.org/a/lrc/lareco/v5y2017i2p1-6.html
   My bibliography  Save this article

Accounting for not-for-profit organizations (NFPs) to prevent terrorist financing

Author

Listed:
  • Fuminobu Mizutani

    (College of Business Administration, Kanto Gakuin University, Yokohama, Japan)

Abstract

This paper adopts a text mining approach to determine the concepts and operating process surrounding ‘Amutot law[1]’, for proposing a regulatory basis to account for financial flows of NFPs in U.S.A. Text mining result reveals that financial flows of charitable organizations can be monitored by making these NFPs to provide accurate information on contributions from foreign state entity and using accountants to monitor the nature of donations received by the organizations. Since Amutot law operates under market mechanisms, U.S government can gain substantial leverage to monitor terrorist financing channeled through various NFPs. This will also help protect the freedom to make contributions of American from diverse religious background. Classification JEL: H56; L31; M41; M42; M48.

Suggested Citation

  • Fuminobu Mizutani, 2017. "Accounting for not-for-profit organizations (NFPs) to prevent terrorist financing," Journal of Economic and Financial Studies (JEFS), LAR Center Press, vol. 5(2), pages 1-6, April.
    • Handle: RePEc:lrc:lareco:v:5:y:2017:i:2:p:1-6
    as

    Download full text from publisher

    File URL: http://www.journalofeconomics.org/index.php/site/article/view/282/313
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Amutot; Foreign state entity; Market mechanism; Pigovian tax; Text mining.;
    All these keywords.

    JEL classification:

    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lrc:lareco:v:5:y:2017:i:2:p:1-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: S Marjan (email available below). General contact details of provider: http://www.journalofeconomics.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.