Earmarked/endowment funds reporting: state opening balance, donations, investment income, expenditures by capital/revenue, and net year end balance. Prescribes that entities present earmarked/endowment funds with disclosures by grant conditions and separately list Plan Funds; the statement must show opening balance, additions (donations/grants, investment income, other additions), utilisation (capital and revenue expenditure detailed), totals for each section, and the net year end balance.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Earmarked/endowment funds reporting: state opening balance, donations, investment income, expenditures by capital/revenue, and net year end balance.
Prescribes that entities present earmarked/endowment funds with disclosures by grant conditions and separately list Plan Funds; the statement must show opening balance, additions (donations/grants, investment income, other additions), utilisation (capital and revenue expenditure detailed), totals for each section, and the net year end balance.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
