The setting principles of accounting subjects include:
1, legality principle: it means that the setting of accounting subjects should conform to the provisions of the unified national accounting system.
2. Relevance principle: It means that the set accounting subjects should provide accounting information services required by relevant parties and meet the requirements of external reporting and internal management.
3. practical principles: refers to the setting of accounting subjects that meet the characteristics of the unit and the actual needs of the unit.
According to the Notice of the Ministry of Finance on Printing and Distributing the Accounting System for Non-profit Organizations (Caihuizi [2004] No.7), this system is applicable to non-profit organizations established in People's Republic of China (PRC) according to law and meeting the characteristics specified in this system. Non-profit organizations include social organizations, foundations, private non-enterprise units, monasteries, temples, mosques and churches registered in accordance with national laws and administrative regulations.
Non-governmental non-profit organizations applying this system should also have the following characteristics:
(a) The organization is not for profit;
(2) Resource providers shall not invest resources in the organization for the purpose of obtaining economic returns;
(3) The resource provider does not enjoy the ownership of the organization.