The Research Of Chinese Private Non-profit Organizations’ Accounting Regulations

Along with continuously development of our country’s market economy, thescale of private non-profit organizations in China becomes larger and privatenon-profit organizations have become an important part of market economy system.In order to promote the healthy development of private non-profit organizations,standardize their accounting work, improve the quality of accounting information,The Ministry Of Finance officially issued ‘Accounting System Of Private Non-ProfitOrganizations’ on August18,2004. It filled the blank of Chinese private non-profitorganizations’ accounting standards. But compared with the rapid development ofenterprises’ accounting standards, the research of accounting regulations of privatenon-profit organizations starts relatively late. The academic circles did not payattention to the research of private non-profit organizations accounting theory for along time. It causes Chinese accounting theory of private non-profit organizationslags behind. So far it has not yet formed a system, and it is difficult to adapt to thedevelopment of private non-profit organizations.At present, there are some problems of accounting regulations of Chineseprivate non-profit organizations, such as it cannot meet all needs of the users ofaccounting information, there still exists some limitation in accounting practice, thesystem of accounting regulations of private non-profit organizations is notconstructed yet, and so on. Based on the absorption from the relevant dissertation,this paper analyses the problems of accounting regulations of Chinese privatenon-profit organizations through field visits, telephone communication andquestionnaire. Then this paper analyses the features of accounting standards ofprivate non-profit organizations of the United States, Britain and Canada, refinessome advanced experience. At the end, this paper analyses the impetus to reform andthe development trend of accounting regulations of Chinese private non-profitorganizations. And it determines the line and the principle of reform of accounting regulations of Chinese private non-profit organizations. Then this paper puts forwardsome proposals to the reform of accounting regulations of Chinese private non-profitorganizations: Change the emphases of the disclosure of private non-profitorganizations accounting information. Clear important concepts related toaccounting regulations of private non-profit organizations. Construct the system ofaccounting regulations of private non-profit organizations. Strengthen thesupervision of accounting regulations of private non-profit organizations.Professional accounting practitioner must be employed in private non-profitorganizations. A national of regional platform for the disclosure of accountinginformation should be established.