Analyzing the Accounting Recognition and Measurement: The Case of NPS

Abstract

The NPS tend to follow social accounting requirements that are based on “Logical and systematic analysis of the organization activities impact on the society and other stakeholders and to show this effect information in the financial statements” Due to the social nature of the NPS’ activities. In this sense the accounting recognition is the start point of the comprehensive accounting function. While the accounting measurement is one of the influencing elements of the accounting function, and its importance increased by moving towards the accounting compatibility for this sector organizations. Therefore, the organizations must be in an accountable position, Not only for the owners or shareholders (traditional concept), but to the society for its overall operations and activities. So, the researchers addressed and analyzed in this paper the following. First, the accounting recognition and measurement in the NPS. Second, the accounting presentation and disclosure in the NPS.