Income and expenditures relating to the Project must be easily identifiable and verifiable, by using a separate balance sheet account for the Project and by ensuring that Project expenditure can be easily identified and traced within the general accounting- and bookkeeping systems. The account must provide details of bank interest accrued on the funding contribution from RWI.
Income and expenditures relating to the Project must be easily identifiable and verifiable, either by using separate accounts for the Project or by ensuring that Project expenditure can be easily identified and traced within the general accounting- and bookkeeping systems. The accounts must provide details of bank interest accrued on the Grant.
Income and expenditures. A statement in detail of the income and expenditures of the System for the Fiscal Year, including but not necessarily limited to a classified statement of gross revenue received, of the net revenues, and also of the amount of any capital expenditures appertaining to the System for the Fiscal Year, and a statement of the profit or loss for the Fiscal Year.
