ACCOUNTING AND TAX ASPECTS OF INCOMES IN NON-PROFIT ORGANIZATIONS: A STUDY ON FUNDING SOURCES Cover Image

ACCOUNTING AND TAX ASPECTS OF INCOMES IN NON-PROFIT ORGANIZATIONS: A STUDY ON FUNDING SOURCES
ACCOUNTING AND TAX ASPECTS OF INCOMES IN NON-PROFIT ORGANIZATIONS: A STUDY ON FUNDING SOURCES

Author(s): Daniela Mărioara Popovici
Subject(s): Economy, Business Economy / Management, Accounting - Business Administration
Published by: Editura Eurostampa
Keywords: accounting; incomes; funding; non-profit;

Summary/Abstract: The paper analyzes non-profit legal entities' funding sources and incomes, emphasizing the legislative framework and applicable accounting and tax regulations. Non-profit legal entities benefit from various funding sources, such as donations, sponsorships, grants, and incomes from economic activities, each with its specific accounting requirements. The paper highlights the importance of transparency and financial accountability, given the fiscal challenges these organizations face. It also provides recommendations for improving financial management, continuous staff training, promoting transparency, and exploring new funding sources. By adopting rigorous accounting and fiscal practices, non-profit organizations can ensure the sustainability and efficiency of their activities, thereby contributing to community development.

  • Issue Year: XXIX/2024
  • Issue No: 29
  • Page Range: 86-95
  • Page Count: 10
  • Language: English
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