An Insight into Financial management Practices of Non Governmental Non-Profit Organizations
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F18%3A00103886" target="_blank" >RIV/00216224:14560/18:00103886 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
An Insight into Financial management Practices of Non Governmental Non-Profit Organizations
Original language description
Just like profit organizations, also non-governmental non-profit entities are at risk of financial vulnerability. This can be a result of unstable sources of funding or poor management thereof. The latter cause can be eliminated by using financial management tools. A "right" spending of the limited resources can allow for a long-term performance of the organizations' mission. The aim of the present paper is to describe the level of use of certain financial health assessment tools in selected Czech non-governmental non-profit organizations (hereinafter referred to as "NPOs"). The paper is based on the authors' research on the knowledge of selected NPO representatives about specific tools (or more specifically ratios) and their practical application. Furthermore, the paper attempts to compare the perceived situation with the actual situation of the organizations' financial health as assessed by the authors' own calculation of the given ratios. Quantitative and qualitative data on the selected sample of NPOs (foundations) are used to illustrate common financial health management practices that can be surprising to a certain extent. In fact, basic financial management tools are used to a rather limited extent and in assessing the entity they represent the responsible persons often "play it by ear".
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Current Trends in Public Sector Research
ISBN
9788021089235
ISSN
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e-ISSN
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Number of pages
391
Pages from-to
275-282
Publisher name
Masarykova univerzita
Place of publication
Brno
Event location
Šlapanice
Event date
Jan 1, 2018
Type of event by nationality
CST - Celostátní akce
UT code for WoS article
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