World Research of Business Administration Journal
Vol.2 No.2 July 2022
DOI https://www.doi.org/10.56830/QXMO4721
Authors
Maged M. Albaz
Ali A. Alhijris
Ahmed Z. Metwaly
Abstract
The CAs 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
CA‟s 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. Moreover, the accounting
presentation and disclosure issue are the most controversially debate in the NPS. Furthermore,
Academic studies tended to assert that the accounting in the contemporary concept must serve
the organizations and society at the same time, regardless of Organization‟s objective, and
Based on the concept of accountability and especially the social accountability. 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.
Keywords: Accounting Presentation/ Disclosure/ CAs/ NPOs
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