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Statement of Functional Expenses: GAAP vs. Tax Reporting: Rebroadcast
Accounting & Financial Reporting
Webcast

Statement of Functional Expenses: GAAP vs. Tax Reporting: Rebroadcast

Reporting on a not-for-profit entity's expenses can be different in a set of audited financial statements and a Form 990, even though the titles are the same. Join us to learn the similarities and differences. This is a rebroadcast of the March 2022 webcast.

$0 - $149
Do you have an AICPA or CIMA membership? Log in to apply your member discount.

Format

Webcast

Date

Dec 05, 2025

NASBA Field of Study

Accounting

Level

Intermediate

CPE Credits

2

Instructor

Paul Preziotti, Dave Moja

Availability

3 months

Product Number

WC4842164

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 Business & partner 
Product Details

Same statement, different reporting

Are you aware of how the statement of functional expenses differs for audited financial statements versus a Form 990? This is a rebroadcast of the live webcast from March 23, 2022.

Join this webcast, so you can:

  • Fully understand the statement of functional expenses from the accounting and tax perspectives
  • Learn considerations for reporting expenses in these statements
  • Walk through financial statements and Form 990 with experts
  • Gain key insights to ensure proper reporting

This webcast is part of the Not-for-Profit Section's monthly series.

Key Topics

  • Expense reporting in an audited set of financial statements
  • Expense reporting in the Form 990

Learning Outcomes

  • Identify how expenses should be reported in a not-for-profit’s audited financial statements.
  • Identify the difference between reporting expenses in audited financial statements versus the Form 990.

Who Will Benefit

  • Accountants and finance professionals
  • Individuals interested in the not-for-profit industry

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Credit Info
CPE Credits
2
NASBA Field of Study
Accounting, Taxes
Level
Intermediate
Prerequisites
Knowledge of the not-for-profit industry
Access
This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.
Duration
2 hrs
For more information, please refer to CPE requirements and NASBA sponsorship information
Pricing
Do you have an AICPA or CIMA membership? Log in to apply your member discount.
Nonmembers
$149.00
AICPA Members
$125.00
NFP Section Members
$0.00

Group ordering for your team

2 to 5 registrants

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6+ registrants

We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)

Contact us
Speakers
Paul Preziotti
Paul Preziotti, CPA, is a Partner for the multi-office CPA firm, Johnson Lambert LLP. He is responsible for providing audit and consulting services to not-for-profit entities and employee benefit plans. He has significant experience serving as an advisor for organizations on a variety of issues including risk assessment, governance, compliance, and internal control considerations. Paul received his Bachelor of Science in Accounting and Bachelor of Science in International Business degrees from the University of Maryland, and he joined Johnson Lambert after graduating. He is a frequent speaker on audit and accounting topics at various industry conferences and seminars. He is an alumnus of the AICPA Leadership Academy, an honor for which less than 40 people are recognized nationally each year. He received the Greater Washington Society of CPA’s (GWSCPA) 2018 Outstanding Member in Public Practice Award for his contributions to the growth and enhancement of the accounting profession. Furthermore, he is a current member of the AICPA’s Not-for-Profit Advisory Council and a past chair for the GWSCPA’s Nonprofit Finance & Accounting Symposium. Additionally, Paul serves as the Treasurer for St. John’s Community Services, as the Secretary for the GWSCPA, a Finance Committee member for United Way of San Diego County, and a member of the governance structure for the Radiation Effects Research Foundation.
Dave Moja
Dave Moja is a CPA in Georgia and Florida. At Moja & Company he works closely with private colleges and seminaries. He is a member of the AICPA's Not-for-Profit Advisory Council and a former member of the IRS' Advisory Committee on Tax Exempt and Governmental Entities (ACT). Dave conducts workshops and delivers products on Form 990, financial statement issues, executive compensation, political issues, and unrelated business activities. He speaks extensively at accounting and tax seminars across the country, including the AICPA’s annual Not-for-Profit Industry Conference and Governmental and Not-for-Profit Training Program; the Florida Association of Chamber Professionals, Christian Leadership Alliance National Conference, National Association of College and University Business Officers annual Tax Forum; and the Florida Institute of CPAs annual not-for-profit conference. Dave earned his bachelor’s degree from Florida State University.
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