Non-profit entities and state budget users
Our specialized department for:
- arts organizations,
- institutes, and
- state budget users
provides you with complete support:
- Assistance with founding a non-profit entity,
- Preparation of financial and business schemes,
- Accounting services,
- Listing of assets and liabilities,
- Reporting on spending budgetary resources,
- Reporting on business scheme realization,
- Auditing of financial statements, and
- Audit reviews of financial statements.
The business operations of a non-profit organization are based on the principles of good financial management and control, as well as publicity and transparency.
A non-profit organization with the obligation of double-entry bookkeeping is required to prepare an annual work schedule and a financial scheme to implement said schedule.
The financial scheme of a non-profit organization includes the following:
- income and loss scheme,
- debt and repayment scheme, and
- financial scheme justification.
Non-profit organizations base their bookkeeping on the double-entry bookkeeping principle, in accordance with account distribution from the Budget Accounting Plan for Non-Profit Organizations.
Any non-profit organization is required to keep its business books by recording information according to the following individual items:
- types of income and loss,
- value of assets, obligations and own sources.
State budget users
Budget bookkeeping is grounded on the generally accepted accounting principles of accuracy, truthfulness, reliability and recording of individual business-related events.
The budget and state budget users base their bookkeeping on the double-entry bookkeeping principle, in accordance with account distribution from the Budget Accounting Plan for State Budget Users.
The budget and state budget users are required to keep their business books by recording information according to the following individual items:
- types of income and profit,
- types of loss and expenses, and
value of assets, obligations and own sources.