FUNDAMENTALS OF ACCOUNTING

Fundamentals of Accounting

Conventions and Concepts Financial Accounting Information

Introduction

Many nonprofit organizations have limited funds to achieve their objectives and implement their programs. The management of these funds is the responsibility of members, directors and officers of the organization. The success of a business, whatever it is, is the quality of the management of its finances. The purpose of accounting is to provide information at a given time and the results obtained over a period of time, which is useful to users in making their decisions, both for the control of the previous management, as for the estimates ...