Please intimate Books of Accounts and other records which is required to be maintained by a Charitable Institution.
Regards
CA SUDHIR HALAKHANDI
(PRACTICING CHARTERED ACCOUNTANT)
(13196 Points)
Replied 05 January 2009
ALL THE BOOKS OF ACCOUNTS WHICH ARE NECESSARY FOR THE PURPOSE OF PROPER ACCOUNTING AND TO ASCERTIAN THE INCOME AND EXPENDITURE OF THE TRUST OR INSTITUION PROPERLY. LET US HAVE A LOOK AT SOME OF THE BOOKDS:-
1. CASH BOOK
2. LEDGER
3. STOCK REGISTER (FOR KEEPING THE RECORD OF THE STOCK OF UTILITIES AND GOODS)
4. FIXED ASSETS REGISTER.
5. DONATION RECEIPT REGISTER
tarun agrawal
(MBA)
(26 Points)
Replied 01 October 2012
Can you tell me which are the AS applicable on chartiable trusts?
CAclubindia
