The right of a non-profit organisation to self-government of policies and administration, autonomous from its funding resources.

The examination of financial statements of an organisation by a disinterested third party. It is designed to give the accountants a basis for judging how effectively the records were kept and the degree of reliance he can place on the internal controls.

An instrument authorising one person to act for another person.

One appointed by another person to do something in his stead.

An organized body of persons, normally dedicated to a non-profit purpose.

Where such a body complies with certain legal formalities, it may obtain juridical status. It is governed by a constitution.

Property, plan, and equipment.

Assets that are tangible and generally used by the organisation over a relatively long period of time (more than one year).

Stocks or funds.

Accumulated wealth or property.

A fully constituted assembly composed of all members (in contrast to the meeting of a committee formed or empowered by that assembly).

A meeting of all members of an organisation which constitutes the highest, decision-making body under the terms of its charter or constitution, and is held for deciding the most important business such as election of officers, adoption of the budget and accounts, amendment of the constitution, adoption of bye-laws, etc.

Rules for the internal management of an organisation (applicable only to incorporated associations).

The term refers particularly to the initial conditions agreed between those who have jointly established an organisation.