Accounting Regulation for Nonprofit Organizations in Italy and Spain: Towards an European Perspective
14 Pages Posted: 1 Jan 2008
Date Written: 2008
The paper present the nonprofit entities accounting regulation in Italy and in Spain in an European perspective. After a presentation of activities of nonprofit entities and difference in their governance, the paper presents the accounting regulation for nonprofit entities in Italy (Raccomandandazione sul rendiconto delle aziende nonprofit della Commissione Aziende Nonprofit del Consiglio Nazionale dei Dottori Commercialisti) and in Spain (Plan General de Contabilidad - Adapataciones para fundaciones de competencia estatal y asosciaciones declaradas de utilidad publica por Istitudo Central de Auditoria y Contabilidad) and compare the two regulations. The paper substinues the need for an European framework.
Keywords: Nonprofit accounting, Italian nonprofit accounting regulation, Spanish nonprofit accounting regulation, European accounting nonprofit regulation
JEL Classification: L31, M41, M44, M47, M48
Suggested Citation: Suggested Citation