Peculiarities of reporting at NPO

In this article, the author analyzes the features of reporting in NPO. The author of this article found that non-profit organizations in Russia and around the world are not created so that their leaders make a profit from their activities. The function of NPO s is charity, cultural development, public health protection, legal assistance and other activities aimed at creating public goods. In the course of the study, the author found that the accounting methodology in non-profit organizations is fundamentally different from commercial organizations. The profit that an NPO receives from the implementation of commercial activities cannot be distributed among the participants of the NPO, but must be directed to the achievement of the main activities of the NPO. An NPO must keep accounting records in accordance with the legislation of the Russian Federation. The main feature in the reporting of NPOs, which was discovered by the author of this article in the course of the scientific analysis, is that it is advisable to use the approach to reporting in the same way as budget organizations, since the accounting methodology for non-profit organizations is close to the public sector.