Explore accounting in public and/or not for profit organization in Qatar, - Essay Example

On the other way, accounting refers means of communicating about business activities. In every kind of organisations decision making has recognized as one of the important part. Hence, accounting has helped business leaders to make accurate decision regarding that particular organisation (Champbell & Woodley, 2005). Every business enterprise has used several resources. Monetary resources are the most common among them. Every organisation has followed certain accounting policies and principles to sustain in global market.

The accounting principles and policies varied across the type of organization. For instance, accounting principles and policies in government organizations is different from non-profit organizations. Therefore, in Qatar government and non-profit organisations has followed diverse accounting policies and principles (Champbell & Woodley, 2005). The objective of this paper is to highlight the accounting principles and policies followed in “Arab Center for Research and Policy Studies”. Moreover, this study also intends to focus on “Arab Center for Research and Policy Studies” accounting process such as payroll cycle or cash cycle and accounting standards followed by the organisation.

Arab Center for Research and Policy Studies (ACRPS) is a renowned Arab research institute from Qatar. This institute has served particular interest in social sciences, applied social sciences, geostrategic affairs and regional history. The ACRPS has manages and generates research, publications, events and projects on varied issues and challenges based on social interest of Arab world. Notably, ACRPS has published journals, publication and editorials in Arabian as well as English language. In Qatar, several non-profit organizations exist.

ACRPS is one of the well-known non-profit organizations operating in Qatar. ACRPS works as a non-profit organization for Qatar Arabian society. With the help of