The contribution concentrates on accounting of long-term assets from the point of view of a special organization - budget organization. It has direct relation to national budget of the Czech Republic. Special organization and special way of its financing requires its own way of accounting. Firstly status and functions of budget organizations in connection to national economy and system of public goods provision are defined. Further part is interested in relation between budget organization and property of the Czech Republic. The third part solves way of long-term assets accounting according to the rule of accounting, decree No. 505/2002 Coll. and accounting standards. Further follows a part that pays attention to long-term assets accounting of entrepreneurs. The conclusion values differences of both the accounting systems and offers a certain possibility how solve it in the case of budget organizations.