February 21, 2024
A statement of functional expenses is fundamental to nonprofit accounting. While providing a comprehensive breakdown of your expenditures, a functional expense statement also helps to enhance the accuracy and transparency of your nonprofit financial reporting. Not to mention, failure to accurately report functional expenses on your Form 990 could put your organization’s nonprofit status in jeopardy.
Join us for an insightful webinar on navigating the complexities of functional expenses. Discover best practices, effective allocation methods, and address common challenges faced by finance professionals. We’ll delve into the intricacies of functional expenses, exploring optimal ways to allocate costs and discussing potential issues that may arise.