Peculiarities of Target Financing Accounting in Non-Budget Non-Profit Organizations

The aim of the article is improvement of methodology of target financing accounting with consideration of activity specifics of non-budget non-profit organizations and the necessity to ensure the comparability of accounting indicators with budget data of income and expenses. Criteria of distinguishing target financiering is established in the article, among other types of mobilization of resources to the activity of organization, availability of certain conditions for future use of dully institutionalized received resources. The ability to use and also advantages and drawbacks of cash method and accrual method are studied in accounting of income and expenses that arise in attracting and using means of targeted nature. It is determined that considering non-profit nature of organizations' activity of non-commercial sector cash method can be useful for comparison of indicators of approved budget with data of accounting. Current legislation norms does not contain restrictions on its use in management accounting. Advantages and drawbacks are analyzed for usage of possible approaches for selection of optimal methods of accounting of sources and uses of funds of target financing: universal, simplified and estimated.