Financial management of non-profit organizations

Non-profit organizations are independent organizations focused on social services that do not distribute surpluses or pay taxes and consist mainly of institutions, social groups, etc.after reforms and opening up, non-profit organizations in China have grown significantly due to their non-profit nature. thus, nonprofit organizations are unable to completely reproduce the goal of financial management government and business, so the goal of financial management for nonprofit organizations has always been an acute problem for research in the accounting community, so the question of setting goals financial management for nonprofits and purpose of financial management for nonprofit organizations raises the question of maximizing social and economic benefits.