Global NGOs Spend More on Accounting Than Multinationals

accountingThe Harvard Business Review’s HBR Blog Network posted an interesting article about spending on accounting for organizations. It noted that NGOs with global operations spend significantly more on tracking finances than for-profit multinational companies. The restrictions placed on the use of funds by contributors and the resulting lack of general operating support cause many organizations to struggle to grow the necessary management capabilities and systems to effectively manage operations and growth.

Read the article here – Global NGOs Spend More on Accounting Than Multinationals  – and let us know your thoughts.