Tag Archives: GASB

Argue “financial information should stand alone just like for-profit businesses” or “financial and nonfinancial information is critical and should be assimilated together”

Description Copley (2018) stated “neither governmental nor not-for-profit financial statements are particularly effective in measuring organizational effectiveness…The fundamental problem is that government and not-for-profit effectiveness cannot be expressed solely in financial terms” (p. 389). In other words, we should not only look at a school district’s average spend per child compared to its peer districts […]