Defination

MOHMEDSALIM PATEL

How would you define the terms restricted funds, non restricted and reserved funds in terms of accounting ?

Asked in the interview but could not say anything.

Thanks folks

sdv

Do these links ansewer your question?

http://www.financehub.org.uk/selling_goods_and_services/grantsorcontracts/accountingissuesrestrictedandunrestrictedfunds.aspa

http://www.fit4funding.org.uk/help-and-advice/spending/restricted-funding/