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What is the meager differences in NGO accounting ( Non profit ) from the accounting of other entities?

Profit Margins Small Business Accounting Cultural Differences Profit 26 Loss Management Profit
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Question added by Mahmoud Nakhla , General Manager , Gardenia for financial & Accounting solutions and services
Date Posted: 2013/10/30
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Mehboob Ali Laghari
by Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union

you have to match the expenses in non profit

 

Murad Ali Khan
by Murad Ali Khan , Assistant Accountanat , Finance Department, KPK

Unlike other accounting entities, in NGOs, Only Receipt and Expenditure account is maintained and usually, expenses are imprest out of a Single Grant.  

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