Analysis on the Disclosure Problems of Accounting Information in Charitable Organizations

DOI

10.2991/aebmr.k.210917.034How to use a DOI?

Keywords

Charity organization, accounting information, information disclosure, accounting

Abstract

Charity is a very important institution in the public domain. Through donation income, funds are distributed to people in need of help in society. However, according to the theory of public goods, information asymmetry and principal-agent theory, it can be seen that charitable organizations access more information than donors. Accounting statements are the only way for charitable organizations to provide internal information to the society. People’s willingness to donate is strongly related to the integrity of accounting statements. When the organization’s accounting information improves, credibility and transparency of the organization will also increase, which is also an important aspect of the long-term development of charitable organizations. Through discussing the development and current situation of charitable organizations, charitable organizations have insufficient government supervision, inconsistent accounting systems, low awareness of disclosure and the need for adjustment of internal organizations. This paper puts forward three areas that can be improved: setting up a unified accounting information disclosure system, strengthening government management and improving social disclosure awareness.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Jiayi Chen
PY  - 2021
DA  - 2021/09/18
TI  - Analysis on the Disclosure Problems of Accounting Information in Charitable Organizations
BT  - Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)
PB  - Atlantis Press
SP  - 213
EP  - 217
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210917.034
DO  - 10.2991/aebmr.k.210917.034
ID  - Chen2021
ER  -