how do you calculate accumulated fund, detailed explanation please

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29-08-2022
Business

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how do you calculate accumulated fund, detailed explanation please

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okpalawalter8 okpalawalter8 · Answer 1 · 2022-08-31T16:37:13+02:00

At any time, the value of the accumulated funds can be found by figuring out how much the organization's net assets (assets minus liabilities) are worth. The money saved up is like the capital of a business that makes money.

This is further explained below.

What is the accumulated fund?

Generally, A non-profit group's extra money is put into an accumulated fund (NPO). The accumulated fund grows when there is a budgetary surplus, just like the retained earnings of a business that makes money.

In conclusion, You can always figure out how much the money you have saved is worth by figuring out how much the organization's net assets are worth. The money saved up is the same as the capital of a business that makes money.

how do you calculate accumulated fund, detailed explanation please​

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What is the accumulated fund?

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how do you calculate accumulated fund, detailed explanation please