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Technical

Functional Expense Classification

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NFP Section | Free for NFP Section members | AICPA | 2015 | AICPA.org

Functional expenses & joint costs
Foundational
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This article provides an overview of the financial reporting requirements under generally accepted accounting principles (GAAP) and offers some tips for designing and optimizing your NFP's expense allocation system.

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Not-for-profit: Technical: FASB financial accounting & reporting, Foundational
Not-for-profit: Technical: Functional expenses & joint costs, Foundational

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Technical

Functional Expense Classification

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