In financial accounting and taxes, attributing expenses to the correct category isn’t just a tip or guideline; it’s a requirement when filing IRS forms, requesting grant funds, or reporting to ...
Direct costs -- such as labor and parts -- are those linked to the provision of services or the manufacturing of goods. Look for these costs in the "cost of goods sold" section of a statement of ...
If you own your own business or are responsible for running someone else's company, you'll have to separate your production costs into various categories before you can analyze how well your business ...
A new Technical Question and Answer (TQA) issued by the AICPA discusses the characteristics of expenses that would be considered “direct care of existing collections” under a new FASB standard that ...
Why Funders Should Pay for the True Costs of Nonprofits’ Work — Not Just the Direct Project Expenses
This content was contributed by the authors as part of The Bridgespan Group’s sponsored Chronicle of Philanthropy supplement on ending the nonprofit starvation cycle. If foundations want to change the ...
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