February 21, 2024
11:00 am - 12:00 pm

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Mastering Your Statement of Functional Expenses

1 CPE credit is available for this webinar.

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.

Key takeaways:

  • Overview of functional expenses.
  • Best practices for expense management.
  • Methods for cost allocation.
  • Common pitfalls and potential solutions.
  • Significance of the functional expenses to the preparation of the 990.


Lindsay Dean, CPA

Partner, Audit

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Lisa Heller, CPA

Principal, Nonprofit Tax

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Kimberly Erb, CPA

Audit Manager

Additional Program Details

  • Learning Objective: To provide attendees with an overview of functional expense statements.
  • Instructional Delivery Methods: Group Internet-based
  • Recommended CPE: 1.0 CPE
  • Recommended Fields of Study: Audit
  • Prerequisites: None Required
  • Advance Preparation: None
  • Program Level: Basic
  • Course Registration Requirements: None
  • Refund Policy: No fee is required to participate in this session.
  • Cancellation Policy: In the event that the presentation is cancelled or rescheduled, participants will be contacted immediately with details.
  • Complaint Resolution Policy: GRF CPAs & Advisors is committed to our participants’ 100% satisfaction and will make every reasonable effort to resolve complaints as quickly as possible. Please contact kdavis@grfcpa.com with any concerns