أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
NGOS are the driving force behind many initiatives in the society,
the treatment : grant as liability,other as an income or conditional income, but finally ,it ys sugested that NGOs should try to make their accounting department fully aware about AS12 and other related standards respectively>
Thanks for the invitation
follow....................
As for as i know, NGOs usually recieve project budget in advance and NGO based accounting is much easier than that of business organizations since there is no concept of profit. to cut a long story short, as an Accontant in an NGO you receive funds in advance and submit the documents (voucher/bill/receipt) latter.