Setting financial reporting standards is a complex process that depends critically on the input of stakeholders. One important voice in the process is that of the academic community, where academics often have the unique ability to contribute empirical evidence and to be the only stakeholder...

Auditing plays a key monitoring role in nonprofit governance. We discuss the demand for nonprofit sector auditing, including state and federal audit requirements; audit outcomes; impacts of audit outcomes on donor decisions; issues concerning audit quality; and other measures associated with...

We discuss research on nonprofit accounting in the broader world, and particularly the way that nonprofit regulation in various jurisdictions impacts the questions posed, methods used and conclusions made. Other jurisdictions’ regulation often differs significantly from US nonprofit...

Research shows that, among other financial measures, nonprofits intentionally manipulate efficiency ratios, earnings, and revenues to appease funders, influence executive pay, avoid paying taxes or getting audits, and protect exempt status. They do this by manipulating cost allocations and...

This chapter investigates different ways that accounting information is often misused, whether by accident or design. Transparency and stakeholder involvement encourage the publication of accounting information. However, there are four main concerns: (1) misuse of administrative expenses; (2)...

Accounting rules vary in terms of the discretion afforded to organizations - while some rules prescribe a specific treatment, others allow managers to choose one among many alternatives. Where there are alternatives, nonprofit managers must make choices. Managers in nonprofit organizations may...

This chapter provides a comprehensive review of over three decades of academic literature on the role of financial information in nonprofits’ ability to get donations. We discuss how potential donors obtain, process, and use financial information. The organization’s funding model, and the...

This introductory chapter describes what nonprofit accounting research is, why it is important, and how the quantity of high-quality research in the sector has been increasing for decades. Because financial reporting is key to both the management and external credibility of nonprofit...

One of the most cited problems in mixed methods research is weak articulation between the qualitative and quantitative components to capture the complexity of social phenomena. Combining qualitative and quantitative data using a unified and systematic analytic approach could solve this issue....

The history of sport dates back to before the first Olympic Games in 776 BC, yet sport management is still considered in its infancy by certain academies of management. As such, sport management scholars gravitate toward more traditional quantitative and qualitative research methodologies in an...