Considerations on Accounting of Funds in Non-Commercial Organizations of the Republic of Moldova

Abstract

The funds are a crucial element of financial reporting of any non-commercial organization (hereinafter referred to as the NCO). The procedure for setting, using and accounting for the funds is governed by the Methodological Guidelines regarding the peculiarities of accounting in non-commercial organizations (hereinafter referred to as the Methodological Guidelines) [1] and by the General Chart of Accounts (hereinafter referred to as the Chart of Accounts) [2]. Some aspects of accounting for specific categories of funds held by the Moldovan NCOs are outlined in economic literature. УДК 657.