NOT2314. Importance of Functional Expense Reporting

If you've ever struggled with what expenses go into what classification of functional expense, you're not alone. This session will breakdown the nuances of each functional expense category, discuss best practices for financial statement reporting, and allow you to walk away with a clearer understanding of functional expense reporting.

Learning Objectives:

• Identify best practices for allocation of expenses in the statement of functional expense.
• Recall the details and nuances of Program, MG&A and Fundraising expense activity.