Hi

This course will enable to understand concepts and accounting related to non profit organisations.

It contains prerecorded video lectures explaining concept and example related to Non Profit Organisations

This course is divided into 3 Sections

Section 1 : Non Profit Organisation Introduction

This section includes following concepts :

• Meaning and Concept of Non Profit organisations

• Donations- Types of donations received and Accounting Treatment for donations

• Admission Fees /Entrance Fees and Accounting Treatment

• Membership Subscriptions received - Accounting Treatment and entries for subscriptions received in advance, subscriptions due.

• Life Time Membership Fees received and Accounting Treatment

• Legacy- Meaning , Types of legacies and Accounting Treatment

• Endowment Fund and Accounting Treatment

• Honorarium and Accounting Treatment

Section 2 : Solved examples on How to prepare Financial statements of Non Profit Organisations

This section includes following concepts :

• Example showing preparation of Income and Expenditure account for the period, Balance sheet for Non Profit organisations when receipts and payments account is given.

• Example showing preparation of Receipts and payments account for the period, Balance sheet for Non Profit organisations when Income and Expenditure account is given.

Section 3 : Educational Institutions

This section includes following concepts :

• Meaning and concept of Educational Institutions

• Example showing how to Prepare Financial Statements - Income and Expenditure account and balance sheet of Educational Institutions

Section 3 : Educational Institutions

This section includes following concepts :

• Meaning and concept of Educational Institutions

• Example showing how to Prepare Financial Statements - Income and Expenditure account and balance sheet of Educational InstitutionsSection

Happy Learning

Vanijyavidya