The new focus for charity reporting is on measuring output, outcomes and impactPerformance counts |
By Pesh Framjee, head of the non-profits unit at Deloitte
Increased competitiveness, donor awareness and improved monitoring and evaluation have caused charities to rethink the way they identify, record and report on what matters.The new focus requires trustees and management to consider more than the traditional budget and forecast. While these continue to be relevant, they measure inputs such as how much is spent on something. The focus will have to be on measures of output, outcomes and their impact on what the charity is trying to achieve.
Read the full article of Performance counts which appeared in the October 2004 edition of Accountancy Magazine.
Performance counts
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