Standard 13: Accuracy of Expenses in Financial Statements - Accurately report the charity's expenses, including any joint cost allocations, in its financial statements. For example, audited or unaudited statements which inaccurately claim zero fund raising expenses or otherwise understate the amount a charity spends on fund raising, and/or overstate the amount it spends on programs will not meet this standard.
ALS Association, Greater Houston Chapter does not meet this Standard because its audited financial statements for the fiscal year ended January 31, 2010:
- Reports the organization had no fund raising expenses.