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.