Statement of activities as a tool for presenting information about targeted funds of not-for-profit organizations

The article discusses the possibility of including statement of activities in the financial reporting of not-for-profit organizations (NFPs) as a tool for presenting information on the receipt and expenditure of targeted funds. The author analyzed the content of reports on the targeted use offunds of Russian NFPs, made an attempt to compile a new form of the report and evaluate the indicators of targeted funds' structure.