Examples of Unrestricted Funds in a sentence
The Current Funds are used to account for the revenues and expenditures resulting from operations, with the Unrestricted Funds and Restricted Fund shown separately.
Current funds that are internally designated for specific purposes by the governing board or management having delegated authority are reported as Unrestricted Funds.
Funds managed by IICA are classified in the accompanying financial statements, according to the accounting policies established by IICA, as Unrestricted Funds, Temporarily Restricted Funds, and Permanently Restricted Funds.
Restricted and Unrestricted Funds - IICA applies the accounting standards contained in the Statement of Financial Accounting Standards FASB ASC Topic 958, Not-For-Profit Entities.
The Internal and External Reserve amounts and Unrestricted Funds are estimate valued only, they are subject to change and review in part with the annual audit of Council’s Financial Statements and each Quarterly Budget Review.