Earmarked funds reporting: require fund-wise opening balances, additions, utilisations and separate presentation for government plan funds. Earmarked and endowment funds are to be reported fund-wise in the annual statement of accounts, showing opening balance, additions (donations/grants, ... Summary
Earmarked funds reporting: require fund-wise opening balances, additions, utilisations and separate presentation for government plan funds.
Earmarked and endowment funds are to be reported fund-wise in the annual statement of accounts, showing opening balance, additions (donations/grants, investment income, other additions), utilisations (capital and revenue expenditures) and the net year-end balance; disclosures must follow grant conditions and central government plan funds must be shown separately and not commingled.
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