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CS Professional · CSR and Social Governance · Financial and Non-financial Reporting of Different Non-Corporate Entities

Asha Seva Trust, a registered public charitable trust in Pune, runs a rural literacy programme. Its trustees want to report to donors not only the money spent but also how many children moved from non-readers to grade-level readers. Which type of reporting does this additional information represent?

This is non-financial reporting focused on outcomes. Counting children who became grade-level readers shows the result of the programme rather than the funds spent. Financial statements, audit reports and receipts and payments accounts cover money flows and do not capture such social results.

  1. ANon-financial reporting focused on outcomesCorrect
  2. BStatutory audit report on financial statements
  3. CReceipts and payments account
  4. DStatement of contingent liabilities

Explanation

Information on how many children became grade-level readers describes results achieved, not money flows. It is therefore non-financial outcome reporting. The receipts and payments account and audit report deal with financial matters only.

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