Preparation of appropriation accounts
Non-profit organizations are obliged to comply with the statutory requirements on the use of funds and to be able to provide evidence of this. In addition to a statement of assets and liabilities, this requires in particular an account of the use of funds. If an organization violates the requirement to use funds in a timely manner, its non-profit status may be revoked.
In our consulting practice we experience that the proof of a proper use of funds is more and more in the focus of the auditors.
This is how we help you
We support you in complying with your tax obligations and work with you to prepare a statement of the use of funds that meets the legal requirements.
There is no specific legal basis for the preparation of a statement of the use of funds. However, based on our experience, we have developed a presentation of the use of funds that is based on various approaches represented in the literature and enjoys acceptance on the part of the tax authorities.