First Look

 
Book review by Singapore Accountant
Feb 2009

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In this issue, we gain an insight into the world of non-profit organisations with our first recommendation, penned by our very own member, Mr Willie Cheng. We have also selected two relevant titles that cover internal audit and internal control programme respectively.

The public and regulators are calling for greater accountability of charities in the face of recent scandals, making this book a must-read for anyone who wants to understand the world of philanthropy. Neo-philanthropists are employing business thinking while non-profit organisations are taking on social innovations, causing the line between business and charity increasingly hazy.

Replete with non-profit paradigms, and offering a twist to what one might view as straightforward concepts such as mission, employee reimbursement, governance and corporate social responsibility, it informs and provokes as it seeks to decode charity-specific concerns such as charitableness, bridging the rich-poor divide, informed giving and social entrepreneurship. You will definitely be challenged to look at charities in a brand new light.

The original article may also be accessed here.

About Singapore Accountant
The Singapore Accountant is the bi-monthly publication of the Institute of Certified Public Accountants of Singapore, the national accountancy body in Singapore which has 20,000 members or CPAs.