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Functional expenses & joint costs

About this topic

These learning resources are designed to enhance the competency and development of not-for-profit professionals, including staff and stakeholders of not-for-profit entities and the firm practitioners who serve them.

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Annual Update: Top Governmental and Not-for-Profit Accounting and Auditing Issues Facing CPAs

Provides a review of the top accounting and auditing issues faced by preparers of governmental and not-for-profit financial statements and their auditors based on...

Course – Textbook,   Course – Online Auditor independence Intermediate

Accounting and Reporting for Not-For-Profit Organizations

Enhance your working knowledge of fundamental not-for-profit accounting and reporting and presentation requirements.

Course – Textbook,   Course – Online Functional expenses & joint costs Intermediate

Not-for-Profit Entities - Audit and Accounting Guide

Your essential reference to the unique aspects of auditing for not-for-profit entities, including accounting and financial statement preparation.

Publication FASB financial accounting & reporting Intermediate

Not-for-Profit Entities - Best Practices in Presentation and Disclosure

Provides financial statement presentation and disclosure examples illustrating U.S. GAAP compliance for the topics most frequently encountered by preparers of...

Publication Financial statement presentation Intermediate

Statement of Functional Expenses: Not-for-Profit Financial Reporting

Offers examples and case studies that will help you allocate costs and accurately prepare the statement of functional expenses.

Course – Online Financial statement presentation Intermediate

Expenses: Not-for-Profit Accounting & Financial Reporting

Learn the basics of accounting for expenses, including recognition, measurement, and financial statement display issues that are unique to NFPs.

Course – Online Financial statement presentation Foundational

How NFPs should allocate joint costs

Not-for-profit management and auditors have the responsibility to make sure that costs are properly allocated for activities that serve their mission and also include...

Article Functional expenses & joint costs Foundational

Not-for-Profit Organizations - Accounting & Auditing Set [Subscription]

Access your core resources online at a substantial savings when you buy them bundled. Set includes the Audit & Accounting Guide, Audit Risk Alert, Checklists and...

Publication FASB financial accounting & reporting Intermediate

Functional Expense Classification

This article provides an overview of the financial reporting requirements under GAAP and offers some tips for designing and optimizing your NFP's expense allocation...

Article Functional expenses & joint costs Foundational