Accounting for Social Service Organisations

A Complete Study Course on Accounting for Charitable, Educational, Cultural Institutions and Sports & Recreation clubs

Welcome to you course Accounting for Social Service Organisations.

What you’ll learn

  • How to prepare Accounts for Social Service Organisations.
  • How to prepare Receipts and Payments Account.
  • How to prepare Income and Expenditure Account.

Course Content

  • Introduction –> 1 lecture • 4min.
  • Receipts & Payments Account –> 10 lectures • 38min.
  • Income and Expenditure Account –> 5 lectures • 15min.
  • Last Section –> 1 lecture • 1min.

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Welcome to you course Accounting for Social Service Organisations.

Social service organisations are those organisations established with an intention to render service to the public without any profit motive. They promote art, culture, education, sports and they can be in the forms like Charitable Institutions, Educational Institutions, Cultural Societies, Sports and Recreation clubs, etc.

They raise their funds through Donations, Government grants, Subscriptions from members, etc and would utilize them for revenue and capital purposes. They have to maintain books of accounts, so that they can prepare final accounts and know the surplus or deficit position at the end of the year and as well as the financial position.

This course will take you through how to prepare Final Accounts for Social Service Organisations with good number of case studies to understand and apply in practice.

This course is structured in self paced learning style. Please use your head set for effective listening and have a note pad and pen with you to practice along with the lecture.

See you inside the course.

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