Special Aspects of Accounting and Reporting Expenses in Non-Commercial Organizations

Abstract

Expenses in non-commercial organizations represent important accounting elements involved in the entities' activities. In the accounting practice of these organizations, there are multiple issues regarding the accounting of expenses. Within the accounting of these elements, problems related to the recognition and use of accounting accounts for expense tracking must be resolved. To address the mentioned issues, it is recommended to specify the recognition and evaluation of expenses in accordance with the specific activities of non-commercial organizations. Additionally, it is crucial to reflect the accounting recording schemes for expense tracking based on the peculiarities of non-commercial entities' activities. DOI: https://doi.org/10.53486/cike2023.38; UDC: 657.446:061.2(478); JEL: M41