Work

Measuring Operations: An Analysis of US Private Colleges and Universities’ Financial Statements

Year: 2004

Type: article

Abstract: As events in the business sector have highlighted, companies can play by the rules and yet produce misleading financial statements. This study examines non‐governmental organizations that provide a substantial portion of higher education in the United States. We seek to determine whether private colleges and universities take advantage of the discretion available to them under accounting and auditing standards to present an operating measure in their statement of activities. We find that nearly 60% of schools report an operating measure but the items included or excluded from operations vary widely.

Source: Financial Accountability and Management

DOI: 10.1111/j.1468-0408.2004.00190.x

Authors: Mary Fischer, Teresa P. Gordon, Janet Greenlee, Elizabeth K. Keating

Institutions: The University of Texas at Tyler, University of Idaho, University of Dayton, Harvard University

Language: English

Topic: Auditing, Earnings Management, Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W1967464822

FWCI: 1.475

Cites: 9

Cited by: 15

Related to: 10