Earmarked funds reporting: Annual accounts must disclose fund-wise balances, additions, utilisations and net year-end balance. Present earmarked/endowment funds fund-wise in Schedule-III with opening balance; additions (donations/grants, investment income, other additions); ... Summary
Earmarked funds reporting: Annual accounts must disclose fund-wise balances, additions, utilisations and net year-end balance.
Present earmarked/endowment funds fund-wise in Schedule-III with opening balance; additions (donations/grants, investment income, other additions); utilisation split into capital expenditure (fixed assets, others) and revenue expenditure (salaries, rent, other administrative expenses); totals and net year-end balance. Disclose nature of other additions and conditions attaching to grants. Show Plan Funds from central/state governments as separate funds and do not mix them with other funds.
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