Research On Influencing Factors And Current Situation Of Financial Information Disclosure Of Charitable Organizations

In our country,charitable organizations play an important role in disaster relief,poor relief,providing social service and so on.As a result,charity has been endowed with the strategic significance of participating in the third distribution.After many years of development,charitable organizations have become an indispensable force in promoting the development of our society as a whole in the direction of modern civilization.In order to maintain the growth and expansion of this force itself,the laws and regulations that regulate the behavior of charitable organizations have been gradually established and improved,and the implementation of financial information disclosure is one of the specific requirements.However,the academic community has not paid enough attention to the disclosure of financial information of charitable organizations,so that the problems existing in this field are difficult to be revealed in time,which will greatly affect the effective performance of financial information disclosure of charitable organizations.It is in this context that this thesis starts with a comprehensive and systematic analysis and discussion on the factors that affect the realization of the meaning of financial information disclosure of charitable organizations.First of all,this thesis clearly defines the terms of charitable organizations,financial information,financial reports and financial information disclosure,and clarifies that the research conclusions of this thesis are based on the following theories: information asymmetry theory,stakeholder theory,contract failure theory and signal transmission theory.Then,it reviews the rise and development of charitable organizations,and points out the practical significance of financial information disclosure.Thereafter,we observe and analyze the financial information disclosure of charitable organizations from three aspects:whether the disclosure is carried out,whether the information disclosed is of good quality,and whether the key roles involved in the disclosure behavior have established a correct understanding.Five factors influencing financial information disclosure of charitable organizations are clarified,which are disclosure mechanism and its operation quality,accounting standards,professional competence of accountants of the disclosing party,public awareness of the disclosing party and public awareness of rights.In view of the current situation of the above five influencing factors,through comparative analysis and investigation analysis,this thesis finds and points out the following problems affecting the realization of the meaning of financial information disclosure of charitable organizations:inadequate operation of disclosure mechanism,lack of accounting standards in a strict sense,insufficient professional competence of accountants of the disclosing party,weak public awareness of the disclosing party and weak public awareness of rights.In order to verify the existence of the above problems,this thesis selects 38 representative charitable organizations’ financial reports as samples to analyze the text quality.The analysis results show that the sample financial report text does exist various problems caused by the status quo of various influencing factors.This fact also shows the necessity and urgency of improving the current situation of each influencing factor.Finally,this thesis puts forward countermeasures to improve the status quo of each influencing factor.