Non-Profit Finances and Borrowing (Societies Act FAQs): Difference between revisions
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Non-Profit Finances and Borrowing (Societies Act FAQs) (view source)
Revision as of 00:02, 30 January 2024
, 30 January→What are accounting records?
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==Non-Profit Accounting Records== | ==Non-Profit Accounting Records== | ||
===What are accounting records?=== | ===What are accounting records?=== | ||
Accounting records are the general ledger of the non-profit and all related documentation such as bank statements and donation receipts. They include a great deal of personal information. For this reason, it is a best practice to restrict access to accounting records in your bylaws. | Accounting records are the general ledger of the non-profit and all related documentation such as bank statements and donation receipts. They include a great deal of sensitive and personal information. For this reason, it is a best practice to restrict access to accounting records in your bylaws. | ||
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