Sino-American Comparative Study On Nongovernmental Nonprofit Organization Accounting Standards System

As a form of society organization, non-profit organizations have played an important role in the development of social economy throughout the world. On account of the highly development in nongovernmental nonprofit organization field, it is necessity and urgency to set accounting standards for these organizations in order to improve their financial reporting quality as well as their governance in China. The nongovernmental nonprofit organization accounting system issued by the ministry of finance is great achievement in the process of accounting reform, which has filled in the gas in accounting management and accounting system of nongovernmental organization.In this background, this paper studies American's nongovernmental nonprofit organization accounting standards system comparing with that of ours, and analyses the difference between them. Based on its effective experience, this paper proposes preliminary perspectives in improving our accounting standards system.The whole paper consists of three parts: the first part compares the confines of nongovernmental nonprofit organization and summarizes the two countries' current conditions of accounting standards systems from their development in order to explain their similarities and differences; the second part is the main body of content comparison of two countries' nongovernmental nonprofit organizations accounting standards system. Based on the effectiveness of American experience, this part puts forward of the idea of macroscopically management assumption and conceives adding the balance to the accounting elements and so on; the third part. Based on the former conclusion, put forth the suggestion to our nongovernmental nonprofit organizations accounting standards system...