Our specialized department for:
- arts organizations,
- institutions, and
- budget users.
Gives you full support:
- Assistance in establishing non-profits,
- Development of financial and business plans,
- Accounting services,
- List of assets and liabilities,
- Reporting on the use of appropriations,
- Reporting on the implementation of business plans,
- Audit of financial statements, and
- Audit insight into the financial statements.
The business of a non-profit organization is based on the principle of a sound financial management and controls, and the principle of publicity and transparency.
A non-profit organization that is required to maintain double-entry bookkeeping is required to develop an annual work program and financial plan for its implementation.
The non-profit’s financial plan consists of:
- income and expenditure plan,
- a borrowing and repayment plan, and
- explanations of the financial plan.
The non-profit organization maintains double-entry bookkeeping according to the schedule of accounts in the Non-profit Accounts Plan.
A non-profit is required to provide information individually in its bookkeeping:
- by types of income and expenses,
- the state of assets, liabilities and own resources.
Budget accounting is based on generally accepted accounting principles of accuracy, truthfulness, reliability, and individual presentation of business events.
Budget and budget users maintain double-entry bookkeeping according to the schedule of accounts in the Budget Plan for Budget Users.
Budget and budget users are obliged to provide information individually in their bookkeeping:
- by types of income and receipts,
- expenses and expenses, and
· the state of assets, liabilities and own resources.