Click & AskCMA Chapter NPO Accounts
CMA chapter on “NPO” deals with preparing accounts for Not for profit organisation, like club etc. We learn how to prepare a Receipt and Payment Account, Income & Expenditure Account and Balance Sheet. It also explains key differences between accounts of NPO & For Profit Organisations. We have also covered accounting for special items like subscription and special funds.
With Sheela Warrier.Duration:2hrs 44min
| NPO | Duration (min:sec) |
| NPO and it's Accounting | |
| Introduction | 02:16 |
| What is NPO | 07:41 |
| Financial Statement of NPO | 09:23 |
| Receipt of Payment A/c | 07:46 |
| Example - Receipt of Payment A/c | 08:50 |
| What is Income & Expenditure A/c | 06:16 |
| How to Prepare Income & Expenditure A/c | 12:53 |
| Example - Income & Expenditure A/c | 13:38 |
| Income heads for NPO | 12:56 |
| Income & Expenditure vs. Receipt of Payment | 04:41 |
| Balance Sheet | 04:07 |
| Example BS | 08:30 |
| Diff between FS NPO vs. For Profit Organisation | 03:41 |
| Quiz | 04:25 |
| Special Items | |
| Special Item - Subscription | 08:45 |
| Special Item - Subscription Example | 06:38 |
| Special Item - Expense | 04:46 |
| Special Item - Expense Example | 04:41 |
| Special Fund | 04:20 |
| Example Special Fund | 06:10 |
| Final Quiz | 15:19 |
| Conclusion | 06:41 |
| Total | 2:44:23 |