Financial Transparency: How the ABO Manages Expenses & Revenue (2018)
What is the ABO’s annual budget? What are its sources of revenue and how is the money spent? As depicted in the accompanying graphic, the ABO’s sole source of income is fees for its examinations (written, oral, and Maintenance of Certification), totaling approximately $4.8 million annually. On the expense side, approximately $2.5 million is required to conduct the initial written ($815,000) and oral ($1.68 million) certifying examinations. Expenses to administer the Maintenan
