A contabilidade e a sustentabilidade econômica e financeira das entidades do terceiro setor

Abstract

The Third Sector is more and more in focus and being required to give complement to public service, since the state cannot support by itself or even accomplish part of the necessary services required by the population. A professional has various possibilities to act in this area, inclusively support assistance in the accounting area. This study aimed at: identifying how accountancy can help the financial and economical sustainability of Third Sector Companies; presenting kinds of income that can captivated; identifying tax incentive granted by public power to Third Sector and to endower private companies; and demonstrating how those facts be accountantably displayed in order to the Third Sector Companies accomplish the fiscal end legal requirements. The methodology employed was the exploratory descriptive quantitative way with bibliographic research tecnique. The results showed that the professional in the accounting area takes over fundamental role in the financial and economical sustainability of Third Sector Companies, since the accountant takes to himself great part of bureaucratic responsibilities and obligations to discharge such activities. The income obtained is from donation, subvention and contribuition. There is tax breaks granted by public power to Third Sector Companies: immunity and tax exemption; register and titles concession by governamental departaments; and possibilities of adhesion to PROUNI (Brazilian University Support Program). There are taxes incentives to donator companies to culture, to research and education instituitions, to civil entities, to SOCIP’s, to FUNCRIANÇA (Children Support Fund), to solidarity Law (specific for RS state) and to suports support. The accounting procedures of transation accomplished by Third Sector Companies in Brazil, in some aspects, are differente the ones performed by other corporations regulated by Brazilian Acoountancy Rules (NBC T 10.4 and NBC T 10.19). The incomes and outcomes must be monthly acknowledged, observing the Accountancy Fundamental Priciples, especially those from Opportunity and Competence ones.