Statements of functional expenses.

STATEMENTS OF FUNCTIONAL EXPENSES

California Society of Certified Public Accountants

Years Ended April 30, 2007 and 2006

(dollars in thousands)

                                       Member Events
                                                     Other
2007                           Chapters  Committees  Activities

Personnel                        $751    $193        $1,038
Supplies and Office Expenses      141      46           187
Meeting and Event Expenses      1,319     227            50
Occupancy                         103      26           139
Printing and Publications          26      16            91
Special Projects                    1
Scholarship Distributions
Depreciation and Amortization      38      10            52
Allocated Expenses                                      157
TOTAL                          $2,379    $518        $1,714

2006
Personnel                        $419    $173          $927
Supplies and Office Expenses       49      26           140
Meeting and Event Expenses      1,107     125            42
Occupancy                          61      25           136
Printing and Publications         225      13            46
Special Projects
Scholarship Distributions
Depreciation and Amortization      19       8            42
Allocated Expenses                                      189
TOTAL                          $1,880    $370        $1,522

                                                           Professional
                                                           Education
                                                           Programs
                               Other Member Services       Scholarships
                                               Government  and Financial
2007                           Communications  Relations   Literacy

Personnel                        $919          $673         $92
Supplies and Office Expenses      171           176          20
Meeting and Event Expenses          4             9          14
Occupancy                         124            91
Printing and Publications         413             4          22
Special Projects                  479                         3
Scholarship Distributions                                   305
Depreciation and Amortization      46            34
Allocated Expenses                 50           (40)        (50)
TOTAL                          $2,206          $947        $406

2006
Personnel                        $810          $572         $17
Supplies and Office Expenses      111           155          32
Meeting and Event Expenses          8                        73
Occupancy                         118            84
Printing and Publications         432             7          65
Special Projects                  353
Scholarship Distributions                                   247
Depreciation and Amortization      36            26
Allocated Expenses                 33           (40)        (33)
TOTAL                          $1,901          $804        $401

                               Supporting Services
                               Management
                               and
2007                           General     Governance  Total

Personnel                      $2,343       $86         $6,095
Supplies and Office Expenses    1,036         3          1,780
Meeting and Event Expenses         47       292          1,962
Occupancy                         316        12            811
Printing and Publications         140        22            734
Special Projects                    8        15            506
Scholarship Distributions                                  305
Depreciation and Amortization     119         4            303
Allocated Expenses               (345)                    (228)
TOTAL                          $3,664      $434        $12,268

2006
Personnel                      $2,554      $100         $5,572
Supplies and Office Expenses    1,126        20          1,659
Meeting and Event Expenses         29       199          1,583
Occupancy                         374        15            813
Printing and Publications         248        21          1,057
Special Projects                    1                      354
Scholarship Distributions                                  247
Depreciation and Amortization     114         5            250
Allocated Expenses               (328)                    (179)
TOTAL                          $4,118      $360        $11,356

The accompanying notes are an integral part of these financial
statements.