CONSIDERATIONS REGARDING INVENTORY ACCOUNTING IN NON-COMMERCIAL ORGANIZATIONS

Lidia CAUŞ, Angela POPOVICI Academia de Studii Economice a Moldovei

Abstract

In order to perform their statutory activities, the non-profit organizations use various current assets that they possess. The inventories represent important accounting elements involved in the entities activity. In accounting practice of these organizations, there are many issues with bookkeeping for inventories. The process of inventory bookkeeping involves solving multiple issues regarding recognition, measurement, the use of bookkeeping account stock flow. In order to solve the mentioned problems it is recommended: the concretization of recognition and measurement of inventories in accordance with the specific activity of non-profit organizations and presentation of accounting records schemes of the stock flow based on specific features of non-business entities. Keywords: non-commercial organization, stocks, materials, little value and short-term objects, special purpose resources, expenses related to special destination objects, income related to special destination objects, current anticipated revenues.