The FASB standards require not-for-profit entities to separately report program expenses and support expenses.

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The FASB standards require not-for-profit entities to separately report program expenses and support expenses in their financial statements. Program expenses are those expenses directly related to the organization's programs and activities that fulfill its mission, while support expenses are those expenses that are not directly related to the programs, such as fundraising or administrative expenses. This separation allows stakeholders to better understand how the organization is meeting its mission and where its resources are being allocated.

The FASB Standards Require Not-For-Profit Entities to Separately Report Program