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Building the Knowledge Base of Nonprofit Management:
A Searchable Database
Costing nonprofit services: developments, problems, and issues
Abstract
Cost information is needed to manage effectively the finances of any organization, and the nonprofit organization is no exception. Cost accounting, therefore, offers a potentially viable financial technique for nonprofit management. As pointed out, however, several problems must be addressed if the full potential for cost accounting is to be realized. Some problems are conceptual ones. Others arise from the methodologies used to obtain full costs. Still others reflect the current state of financial record keeping and lack of fiscal controls, which plague many nonprofit organizations. There are no easy solutions to these problems. Experimentation with different methodological and conceptual approaches is needed, as is exploration of the effects of different responses to practical concerns. A few general guidelines that nonprofit organizations can use to facilitate the development and use of cost accounting in agency management are noted.
Journal
(1985)
vol9
no1
pages47-55
Categories
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Nonprofit Management
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Financial Planning and Management
