Endowment of net assets, grants, donations and legacies.

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Noteworthy aspects in accounting operations for associations
Once we have clarified the accounting particularities of the entity in question in the day-to-day accounting of economic events, we recommend paying special attention to the following assumptions:

Non-financial fixed assets. Including contributions to the founding endowment, assets transferred without consideration, historical assets or rights to use intangible fixed assets.
Expenses and income of ESFLs
Concepts related to annual accounts, such as inventories or the mandatory allocation of income and revenue.


Due to these complications that we have indicated, many associations entrust the management of their accounting to consultancies specialized in this subject. This makes accounting for dominican republic phone data associations a good branch in which to increase knowledge among workers in the administrative management sector. If you belong to this sector, this course on accounting for associations may be useful to you. If you are an employee of associations, you may also be interested in this specific training or perhaps a variety of other topics, which you can access from this website with courses suitable for multiple sectors and for the entire state territory .