Basic Financial Statements For Nonprofits

Basic Financial Statements For Nonprofits – The boom of the Non-Profit Entities’ ENL (in our country), * to * ec * need to be counted in order to prepare their financial information aimed at the multiple stakeholders and users of information. Within the universe of the ENL, we find the * ospicios, asylums, centers deeducación, * ospitales, museums, recreation centers and churches, whose sponsors allocate resources in order that they meet the purposes sought in a reasonably efficient way. Non-profit entities we * ace know To all those interested in this matter, how to recognize, present and reveal, within the accounting framework of financial information, how to obtain complete and competent information of non-profit entities, following the common knowledge of business, applicable in the economic and social environment of our country

 

 

Basic Financial Statements For Nonprofits

Basic Financial Statements For Nonprofits

Basic Financial Statements For Nonprofits

Basic Financial Statements For Nonprofits, such as a person $ ur) dica whose basic goal is the provision of a service to the community, without pursuing the distribution of benefits among its members. The purposes of these entities vary according to their nature, since they are entities whose purposes are union, economic, religious, cultural, professional, development or social promotion, political, sports and others. Depending on the nature of their activities, they can choose the accounting methods they consider necessary to systematically and structurally produce their financial information.

Classification:

  • -e defines twelve categories of activity of the ENLs according to their activity
  • Culture, sports and leisure theaters, museums, zoos, aquariums, sports clubs, etc.
  • Education and research\ elementary schools, universities, research institutes.
  • -alud * ospitals, re-abilitation centers, etc.
  • -social services childhood, youth, elderly, refugees, etc.
  • / edio ambiente protection, conservation, etc.
  • Community development and housing neighborhood associations

 

  • Civil rights, legal and political advice  c) vica associations, consumer associations, political parties, etc.
  • 0 philanthropic intermediaries and promotion of volunteeringfundations, volunteering platforms.
  • 1 international activities help programs, exchange, rights * uman, etc.
  • 2eligión religious organizations with welfare services.
  • 1 Professional associations and unions associations of entrepreneurs, professionals and workers.
  • / Provision of social security and other

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Tag; Basic Financial Statements For Nonprofits, negative unrestricted net assets, accounting for restricted funds in a non-profit, nonprofit statement of activities, nonprofit income statement, statement of financial position non profit

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