These are things I've read and heard, but you can never be 100% sure that the sources are right., if the source isn't Michael himself. An example: Jermaine said MJ's favourite colors were gold and red, Taraborrelli said in his book that it was yellow, so who are you going to believe...
GAAP, however, generally requires that these costs be expensed when incurred because it is difficult determine their future benefits and relation to future revenues (the matching principle). Unless there are large amounts of organizational expenses, they are usually expensed for GAAP and financial reporting purposes.
Functional expense allocation can be challenging for nonprofits when expenses must be divided among various operations. Below is a brief summary of issues to consider in allocating expenses for your organization. U.S. nonprofits are required by GAAP to report expenses based on functional classifications.