IDEAS home Printed from https://ideas.repec.org/p/nsu/apasro/303.html
   My bibliography  Save this paper

Questioning Financial Indicators of Civil Society Development

Author

Listed:
  • MANCE, Davor
  • VAŠIČEK, Davor

Abstract

Until the introduction of the full accrual accounting concept in 2008, the system of governmental and private non-profit organizations in Croatia was very inconsistent, but nevertheless, withstood for a long number of years. Most of the changes were brought in for the purpose of adjusting our legislative regulations to the Acquis Communautaire. The Croatian accession to the European Union was used to implement reforms in various sectors, and also in the accounting for non-profit organizations. On January 1ST, 2008, a new accounting system was introduced, based on the application of the full accrual concept of revenues and expenses. As a result, the divergence of accounting systems for governmental and private non-profit organizations was significantly reduced. The reform results suggest that it is justified and reasonable, for all non-profit organization groups, to apply the same internationally comparable and acceptable rules of measurement and evaluation, recognition, and economic classification of revenues and expenses.

Suggested Citation

  • MANCE, Davor & VAŠIČEK, Davor, 2011. "Questioning Financial Indicators of Civil Society Development," Apas Papers 303, Academic Public Administration Studies Archive - APAS.
  • Handle: RePEc:nsu:apasro:303
    as

    Download full text from publisher

    File URL: http://www.apas.admpubl.snspa.ro/handle/2010/290
    Download Restriction: no

    More about this item

    Keywords

    Financial Indicators; Civil Society Development; accrual accounting co ncept;

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:nsu:apasro:303. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ani Matei). General contact details of provider: http://edirc.repec.org/data/fasnsro.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.