The Influence Of Accounting On Fundraising In Civil Society Organizations: A Theoretical And Practical Approach

This article explores the influence of accounting on the fundraising process for civil society organizations (CSOs), emphasizing its strategic importance for financial sustainability. Through an in-depth analysis of literature and theoretical approaches, the study identifies the main challenges faced by CSOs in obtaining funding, including compliance with accounting standards, transparency in financial statements and communication of their social impacts. It highlights that robust accounting practices are essential for building funders' trust, boosting donations and maximizing efficiency in the use of resources. The article also examines emerging accounting strategies aimed at donors, who seek clear and reliable information on how their social investments are managed. We conclude that the application of improved accounting practices can significantly improve the credibility of CSOs, facilitating fundraising and building long-term partnerships. This research contributes to filling theoretical and practical gaps, providing guidelines for CSO managers and accountants seeking to strengthen their financial strategies and improve their relationships with donors and social investors

Authors

Publication Details

Journal
IOSR Journal of Business and Management
Published
2024-10-01
DOI
https://doi.org/10.9790/487x-2610140115
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

The Influence Of Accounting On Fundraising In Civil Society Organizations: A Theoretical And Practical Approach

Ian Blois Pinheiro, Francinaldo Santos Da Costa Júnior
IOSR Journal of Business and Management
Islamic Finance and Banking Studies
article

The Influence Of Accounting On Fundraising In Civil Society Organizations: A Theoretical And Practical Approach

Ian Blois Pinheiro, Francinaldo Santos Da Costa Júnior
article en

Abstract

This article explores the influence of accounting on the fundraising process for civil society organizations (CSOs), emphasizing its strategic importance for financial sustainability. Through an in-depth analysis of literature and theoretical approaches, the study identifies the main challenges faced by CSOs in obtaining funding, including compliance with accounting standards, transparency in financial statements and communication of their social impacts. It highlights that robust accounting practices are essential for building funders' trust, boosting donations and maximizing efficiency in the use of resources. The article also examines emerging accounting strategies aimed at donors, who seek clear and reliable information on how their social investments are managed. We conclude that the application of improved accounting practices can significantly improve the credibility of CSOs, facilitating fundraising and building long-term partnerships. This research contributes to filling theoretical and practical gaps, providing guidelines for CSO managers and accountants seeking to strengthen their financial strategies and improve their relationships with donors and social investors

IOSR Journal of Business and ManagementVol. 26(10)
Partnerships for the goals
Openalex Percentile: Top 67%
Islamic Finance and Banking Studies
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.