There are basic similarities and also key differences in financial management in non-profit and for profit organisations.
1. Executive Summary
2. Introduction
3. Financial Management in Non-profit organisation
4. Financial Management in Non-Profit versus Financial Management in for Profit Organisation
5. Certain Issues in Financial Management in Non-Profit Organisation
I.Sources of funds
ii. Use of debt
iii. Performance evaluation
iv. Governance mechanisms in non-profits
6. Conclusion
Though similar in fundamental essence, but there are various differences in financial management in non-profit and for profit organisation with respect to sources of funds, use of debt, efficiency in utilisation of funds, governance mechanism, financial reporting requirements and so on.