With respect to health care organizations private sector not-for-profits health care entities must disclose expenses by functional classifications.

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Private sector not-for-profit health care entities are required to disclose expenses by functional classifications such as salaries, supplies, and utilities, among others. This is part of the financial reporting requirements under generally accepted accounting principles (GAAP) and is aimed at providing transparency and accountability for how the organization uses its resources. By showing how much is spent on each area of operations, stakeholders can better understand the financial performance and efficiency of the entity.

With Respect to Health Care Organizations Private Sector Not-For-Profits Health