Search results
Results from the WOW.Com Content Network
A chart of accounts (COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger. Accounts may be associated with an identifier (account number) and a caption or header and are coded by ...
Nonprofit and governments use the same four standard financial statements as profit-making organizations: Statement of financial activities or statement of support, revenue and expenses. This statement resembles the income statement of a business, but may use terms like excess or deficit rather than profit or loss. It shows the net results, by ...
In a non-profit corporation, the "agency problem" is even more difficult than in the for-profit sector, because the management of a non-profit is not even theoretically subject to removal by the charitable beneficiaries. The board of directors of most charities is self-perpetuating, with new members chosen by vote of the existing members.
Logo of the United Nations Children's Fund (UNICEF), an organization of the United Nations. A nonprofit organization (NPO), also known as a nonbusiness entity, [1] nonprofit institution, [2] or simply a nonprofit, [a] is a non-governmental (private) legal entity organized and operated for a collective, public or social benefit, as opposed to an entity that operates as a business aiming to ...
PSP – Profit Sharing Plan; PTC – Private Trust Company; PTD – Project to Date; PLR – Prime Lending Rate; POC – Point of contact; PIC – Person in charge; PWIN – Percent win (a measure of performance of capture when bidding for contracts with a targeted customer base such as bidding for government contracts) [13] [14] PWP ...
The New York Times reported in 2010 that one non-profit began "reporting on its finances using the same format as the 10-K." [ 8 ] In response to an op-ed authored by Charity Navigator's CEO entitled "The Elitist Philanthropy of so-called Effective Altruism", [ 32 ] the cofounder of the Centre for Effective Altruism wrote "What Charity ...
The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
Abu Dhabi Vision 2030, a set of strategic policies for the development of the Emirate; Egypt Vision 2030, a strategic national agenda to achieve sustainable development; Kenya Vision 2030, a medium-term development programme; Qatar National Vision 2030, a plan to enable sustainable development; Saudi Vision 2030, a plan to reduce the country's ...