The valuation of Heritage Assets (HA) which are a vital resource for the non-profit public or
private organizations operating in the heritage sector is on the one hand sometimes difficult
to do and on the other can be excessively costly with respect to the correlated disclosure
benefits. The growing application of the (full or modified) accrual basis of accounting in the
public and non-profit sectors has extended and reanimated this issue. This book applies the
comparative method in order to provide new information on the analyzed subject. Specifically
after having investigated the different theoretical and technical proposals it compares the
reporting behavior of significant cases of Italian and American public and private
organizations coming from different cultural and management approaches. Proposing a link
between the managerial and reporting issues of the organizations involved in the management and
maintenance of heritage assets this book is crucial in the task to optimize the performance of
organizations in this sector.
