Some Aspects of Accounting for Contributions of Founders and Members of Non-Commercial Organizations in the Republic of Moldova

Abstract

The contributions of founders represent one of the main sources of funding for any non-commercial organization (NCO). The general rules of accounting for contributions of founders and members of NCOs in the Republic of Moldova are regulated by the provisions of the Law on Accounting and Financial Reporting [1], the Methodical Indications on the particularities of accounting in non-commercial organizations/representations of non-resident entities (hereinafter referred to as Methodical Indications) [2], the National Accounting Standards [3], and the General Plan of Accounts [4]. Some practical aspects of accounting for contributions of founders and members of NCOs are explored in the specialized literature [5]. УДК 330.3-026.16.