Český finanční a účetní časopis 2013(4):220-228 | DOI: 10.18267/j.cfuc.371

Managing exchange rate risk in not-for-profit non-governmental organizations

Ondřej Matyáš
Ing. Ondřej Matyáš, Ph.D. - odborný asistent; Katedra manažerského účetnictví, Fakulta financí a účetnictví, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3; <ondrej.matyas@vse.cz>.

Planning and budgeting is a key controlling tool for most of the organizations, including notfor- profit ones. The paper focuses on specifics of the budgeting process, particularly the phase of drawing up the budget, in non-governmental organizations (NGOs). Based on the research, the paper identifies main types of budgeting process reflecting NGOs' financing models, and controlling tools used in planning and budget control.

Keywords: Not-for-profit non-governmental organization; Budgeting; Management control system.
JEL classification: M41

Published: December 1, 2013  Show citation

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Matyáš, O. (2013). Managing exchange rate risk in not-for-profit non-governmental organizations. Czech Financial and Accounting Journal, 2013(4), 220-228. doi: 10.18267/j.cfuc.371
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    References

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