FUNDING OF ROMANIAN NON-GOVERNMENTAL ORGANIZATION (NGOs). CASE STUDY: FUNDING ACCOUNTING AT THE ABC FOUNDATION

Abstract

Through this article, we propose to deal with the financing methods of non-governmental organizations in Romania with the aim of observing the implications they have on accounting. Given their specificity as non-profit making entities, NGOs (Non-Governmental Organization) are financed through specific methods, other than those found in the case of entities in the commercial or state sector. The funding sources of NGOs are diverse and depend on the type of activity carried out by them, on the relationships they have with partners, even on the environment in which they operate. The accounting reflection of NGO financing means is adapted to their specifics, so that the information produced faithfully reflects the practical reality.

Keywords

• funding sources
• ngos
• accounting reflection
• income
• specific aspects