Business fund refers to the unrestricted net assets owned by non-profit organizations. Fixed funds are funds used to purchase fixed assets. In socialist state-owned enterprises, it is mainly composed of capital construction investment and special funds allocated by the state.

The net assets of institutions refer to the difference between all assets minus all liabilities, which reflects the public and private attributes of institutions, including public funds, fixed funds, special funds and balances.

The specific composition of the net assets of public institutions:

The net assets of institutions include business funds, fixed funds, special funds, business balances and operating balances. Among them, the special fund refers to the special fund established by institutions according to regulations, mainly including employee welfare fund, medical fund, repair and purchase fund, housing fund, etc.

Extended data:

1, public funds accounting:

General fund refers to the accumulated surplus funds, which mainly come from two aspects: first, the undistributed balance of the year is transferred; The second is to transfer from the balance formed by the allocated special funds.

Investment funds refer to funds formed by foreign investment, and there are two main sources of investment funds. First, when using fixed assets to invest abroad, they are transferred from fixed funds.

Second, when monetary funds, materials and intangible assets are used for foreign investment, they are transferred from the general fund, but this part of the source does not actually increase the Public Offering of Fund, but only converts the general fund in Public Offering of Fund into an investment fund.

When the investment is recovered, the investment fund should be converted into ordinary fund accordingly. Institutions should set up the subject of "public funds", accounting for the source, use and balance of public funds, and there are two detailed subjects of "general funds" and "investment funds" under this subject.

2. Fixed funds

Institutions should set up "fixed funds" subjects, accounting for the fixed funds formed by institutions. The accounts of fixed funds have been mentioned in the chapter "Accounting of Fixed Assets" and will not be repeated here.

However, the fixed assets leased by financing, fixed assets and fixed funds are not registered synchronously, and the fixed assets are registered first when leasing; The fixed-income fund only increases the fixed-income fund according to the amount paid each time when the financial lease fee is actually paid.

Therefore, under normal circumstances, the figures of fixed assets and fixed funds in the balance sheet should be equal, but in the case of financing and leasing of fixed assets, the figures of these two items are not equal when the lease fee has not been paid.

Baidu Encyclopedia-Net assets of public institutions