Scribd Logo
Upload

Welcome to Scribd!

  • Comment How Does Regulatory Framework Differs in Case of Public Entity, Specialized and Non-For-Profit Organisation?

    Uploaded by

    Hashir Aslam
    7 views1 page
    Not-for-profit and public organizations are accountable for income, costs, effectiveness, efficiency and economy, but do not aim to make a profit like specialized organizations. They are not required to produce financial statements for the public but it is preferable if they do. The regulatory framework for not-for-profit organizations is characterized by uncoordinated state-level regimes that could benefit from simplification and improvement like frameworks for businesses.

    Original Description:

    Original Title

    T1.6.docx

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Not-for-profit and public organizations are accountable for income, costs, effectiveness, efficiency and economy, but do not aim to make a profit like specialized organizations. They are not required to produce financial statements for the public but it is preferable if they do. The regulatory framework for not-for-profit organizations is characterized by uncoordinated state-level regimes that could benefit from simplification and improvement like frameworks for businesses.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views1 page

    Comment How Does Regulatory Framework Differs in Case of Public Entity, Specialized and Non-For-Profit Organisation?

    Uploaded by

    Hashir Aslam
    Not-for-profit and public organizations are accountable for income, costs, effectiveness, efficiency and economy, but do not aim to make a profit like specialized organizations. They are not required to produce financial statements for the public but it is preferable if they do. The regulatory framework for not-for-profit organizations is characterized by uncoordinated state-level regimes that could benefit from simplification and improvement like frameworks for businesses.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Task 1.

    6
    Comment how does regulatory framework differs in case
    of public entity, specialized and non-for-profit
    organisation?

    Not-for-profit and public organisation do not aim to achieve a profit but would be
    accountable for income and costs. They would be accountable for their effectiveness,
    efficiency and economy. They are not required to produce financial statements for
    the public but would be preferable if they do.

    The Not-for-profit organisation would benefit from the same attention that has been
    paid, to simplify and improve the business regulation. The current regulatory
    framework for not-for-profit organizations is characterized by uncoordinated regimes
    at the state levels.

    Pc.gov pdf (2014)

    http://www.pc.gov.au/__data/assets/pdf_file/0010/94564/10-chapter6.pdf
    [Accessed on 09-jan-2014]

    You might also like