Virtues and risks of poverty

Date
2009
Authors
Sinclair, R.
Hooper, K. C.
Lai, Y. Y.
Supervisor
Item type
Journal Article
Degree name
Journal Title
Journal ISSN
Volume Title
Publisher
AUT
New Zealand Institute of Chartered Accountants
Abstract

The article discusses the disadvantaged of a not-for-profit organisation having a surplus of financial accounts in seeking financial support from donors and funders in New Zealand. It states that to ensure financial accounts do not show a surplus, not-for-profit organisations separate some profitable activities into a separate organisation that are not included in consolidation. It emphasizes that separation of surplus can be useful for not-for-profits having large portion of restricted surplus.

Description
Keywords
Source
Chartered Accountants Journal, vol.88(5), pp.34 - 35
DOI
Rights statement
Copyright © 2009 EBSCO Industries, Inc. All rights reserved. © 2009 New Zealand Institute of Chartered Accountants. All rights reserved. Member of the GAA. Authors retain the right to place his/her publication version of the work on a personal website or institutional repository for non commercial purposes. The definitive version was published in (see Citation). The original publication is available at http://library.nzica.com/SearchResults.aspx?subject=PROFITS#viewMore.