La Trobe Business School’s Centre for Public Sector Governance, Accountability and Performance (CPSGAP) invites you to attend the launch of the book titled “cost management for non-profit and voluntary organisations” written by Professor Zahirul Hoque, Director of CPSGAP and Dr Tarek Rana, formerly an LBS staff member and now Senior Lecturer in Accounting at RMIT University.

Book cover, titled cost management for non-profit and voluntary organisation
Picture by CRC Presss

The book is one of the outcomes from a research conducted by the two authors that was funded by the Chartered Institute of Management Accountants (CIMA) UK.

The research

Increasing competition for funding and government compliance requirements have put nonprofit organisations under pressure to be more cost-effective when undertaking development projects and delivering services to the community. Cost accounting and cost management tools are considered a means to provide adequate and quality information for management control for all sorts of organisations, including nonprofits.

The research examined the current costing and cost management practices in the Australian nonprofit sector and offers insight into how nonprofit and voluntary organisations can control and manage the costs of their operation and projects through contemporary costing and cost management tools.

The book

Routledge has published the research monograph. The book provides information on how adetailed and regularly updated cost information and reporting model can help nonprofit organisations managing their operations efficiently and effectively.

Motivated by a lack of evidence on how and whether Australian nonprofit organisations address current challenges through modern cost management tools, we attempted to write this book using our field study evidence on the sector’s cost accounting practices.

prof zahirul hoque

The book will particularly be of benefit to a range of stakeholders in the sector, including financial and management accountants, accounting professional bodies, government, policy makers, academics, consultants, and operational managers.

The authors

Professor Zahirul Hoque is Professor of Management Accounting/Public Sector in the Department of Accounting and Data Analytics and Director – CPSGAP, La Trobe Business School, La Trobe University. He is a Fellow of CPA Australia (FCPA) and Institute of Cost and Management Accountants (FCMA) of Bangladesh.

Dr Tarek Rana is Senior Lecturer in Accounting at RMIT University. He is a Chartered Management Accountant of CIMA (UK), Chartered Global Management Accountant of AICPA, Chartered Accountant of CA ANZ, and Fellow of CPA Australia. Dr Rana was the co-investigator to this project while at La Trobe University.

Event details

Guest speaker: Catherine Willis
Acting Assistant Commissioner General Counsel,
Australian Charities and Not-for-profits Commission

When: Friday 22 November 2019 03:00 pm until 05:00 pm
Where: La Trobe City Campus, Level 2, 360 Collins Street, Melbourne, Room 2.10
Registration & Contact: Professor Zahirul Hoque (z.hoque@latrobe.edu.au/ 03 9479 3433)
Event webpage: www.latrobe.edu.au/events/all/cpsgap-seminar-and-book-launch