Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


How should a charity account for its branches?



How should a charity account for its branches? ..

Answer / guest

The trustees must ascertain the legal status of their local
units: Any 'branch' that fulfils the requirements to
register as a separate charity (ie it is autonomous, has
income over ?1,000 or has a permanent endowment or the
exclusive use/occupation of land), must be separately
registered. As a separate charity, it would normally have
its own accounts and trustees' annual report (but see
uniting directions question). If the branch is not a
separate charity then its funds will be included with those
of the main charity as follows: Funds raised by a branch
for the general purposes of the main charity will be
accounted for as unrestricted funds. Funds raised by a
branch for specific purposes of the main charity (including
for use solely in the branch) will need to be accounted for
as restricted funds. This is a complex area.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More CompanyAffairs CS Interview Questions

STATE & EXPLAIN THE IMPACT OF GLOBAL FINANCIAL CRIS ON CEMENT SECTOR IN INDIA:

0 Answers  


what is mergers and acqusitions? what is holding company?

2 Answers   Brigade,


what is contra entries defination and meaning and some example

3 Answers   Infosys,


I am working in a company as a finance officer during the measurement of fixed asset i have faced for land depreciation. How to measure land depreciation? please help me in this regard.

3 Answers  


how to prepare a MIS report

1 Answers   Sai Softech, UCA, VT Vacuum Technologies,


What do u meant by Nifty? and how it is calculated?

4 Answers  


what is the procedure to start any company? who will fix this share value?how to go for pulic issue?

1 Answers   HSBC,


If my company have only 10 lakhs capital, shall we get the contract amount more than this capital..? or any limit to get the contract price? and is there any relationship between capital amount and contract amount?

2 Answers  


What do you mean by Small Scale Industries, and what is the benefit of going to SSI, Pls explain in detail ??

1 Answers  


hi Please help me for my interview in syntel so please guiad

0 Answers  


Treatment of P&L A/c balance(either profit or loss)??

2 Answers  


what is holding companies accounts

4 Answers  


Categories