Financial Management in the Voluntary Sector

Taylor & Francis

Financial Management in the Voluntary SectorNew Challenges\nAuthor(s): Paul Palmer, Adrian Randall\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9780415221603, 978-0415221603\nSynopsis\nThe voluntary sector contains over 50,000 organizations, 320,000 paid staff, and 3 million volunteers. The accounting and financial management of organizations in this sector poses as many difficulties as that of major for-profit organizations, if not more so, given the absence of the profit motive upon which much traditional accounting, finance practice and theory has been developed.\n\nThis book explores the unique environmental, managerial and philosophical aspects of voluntary organizations as well as the technical specialist characteristics of financial accounting, auditing and taxation that differentiate their role.\n\nIntroducing and providing descriptions of the main applications of accounting and finance applicable to the role of financi.