Full cost recovery for charities

Full cost recovery for charities


There is limited literature in Singapore on full-cost accounting for the charity sector. Hence, this booklet aims to serve as a guide on full cost recovery for the sector. The booklet covers the following areas:

i. nonprofit starvation cycle;
ii. implementation of full cost recovery;
iii. mechanics of full-cost accounting; and
iv. a local case study on how full cost recovery is implemented in Assisi Hospice.

This booklet draws heavily on reference materials from the UK, given the substantive work done on full cost recovery with the support of the UK government.

The booklet here is part of a handbook consisting of 5 booklets. Each covering key accounting practices relevant to the charity sector. View the handbook.