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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › NGO and NFP
Hello Sir,
I have a query related to Not-for-profit organizations and NGOs as to: are they similarly treated theoretically for corporate governance and the way they generate funds?
I’ve tried finding an answer but I can’t find one that’s conclusive anywhere.
Will appreciate your help!
NGOs and NPOs come in all shapes ans sizes and will have their own constitutions governing income, expenditure ai,s and governance.
However, within that variety they are likely to be quite similarly.
Not same but possibly similar. Okay, sir. Thank you!