Exempt Organizations Annual Reporting Requirements - Foreign Activities: Use Method of Accounting Consistent with Other Expense Reporting


Should grants reported in Parts II and III of Schedule F, Form 990, be reported on the cash method of accounting?

The organization must use the same accounting method it uses in reporting expenses throughout the Form 990 PDF (i.e., the method checked in Part XI, line 1), whether cash or accrual. If the organization is reporting an accrued but unpaid expense in Part II or III of Schedule F PDF, it should report the anticipated manner of cash disbursement in Part II, column (f) and/or Part III, column (e).

Additional information: