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How NFPs should allocate joint costs Logo aicpa

  JOSEPH W. CRUITT, CPA, CGMA |   Free |   AICPA |   01 Oct 2014 |   Journal of Accountancy

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 fundraising opportunities. Learn how consistent application of accounting rules results in a fair depiction of these costs in not-for-profit financials.

Topics covered:
  • Not-for-profit: Technical: Functional expenses & joint costs, Foundational