Special Issues in Nonprofit Financial Reporting: A Guide for Financial Professionals documents significant problems in the reporting of expenses by functional classification in both audited financial statements and Forms 990. The guide encourages greater focus on this area by public accountants. The guide documents special problems raised by accounting for capital and in-kind gifts and offers solutions that are in conformance with generally accepted accounting principles. The information in this guide is based on research findings from the Nonprofit Overhead Cost Project, a major national study conducted in collaboration with the Center on Philanthropy at Indiana University.