Satellite Account of Non-profit Institutions and Volunteering
Income and expenditure account of institutional unit, category
Income and expenditure account refers to an account which shows, for a particular institutional sector, all sources of current income (production, receipts of property income and other transfers) and all current outlays (expenditure on goods and services, payments of property income and other transfers), as well as net saving, equal to a sector's income less its outlay.
Institutional unit refers to an economic entity that is capable, in its own right, of owning assets, incurring liabilities, and engaging in economic activities and in transactions with other entities. There is a hierarchical relationship between institutional units and establishments. An institutional unit contains one or more entire establishment(s); an establishment belongs to one and only one institutional unit. There are two main types of units in the real world that may qualify as institutional units, namely persons or groups of persons in the form of households, and legal or social entities.
The data for this variable are reported using the following classifications and/or lists:
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