Accounting for Nonprofit Grants and Contracts

Description

Do you know how the new revenue recognition standards will affect not-for-profit financial reporting? During this webcast, you will learn how to apply two new standards: FASB ASU 2014-09 Revenue from Contracts with Customers (Topic 606) and FASB ASU 2018-08 Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made. Industry experts will walk you through the new standards. With detailed examples, you will learn when transactions are reciprocal and nonreciprocal under the new guidance. Lastly, the webcast will explain how the standards will affect recognition of amounts received under transactions that are frequently encountered in NFPs

Date/Time

Wednesday, May 29, 2019
Registration Time: 12:00pm
12:00pm – 2:00pm

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Course Type

On-line Live Vendors

CPE Credit

2.00 hours CPE credit

Field of Study

Accounting

Level of Knowledge

Intermediate

Designed For

Professionals working with or for NFPs.

Vendor

AICPA

Prerequisites

Experience with not-for-profits

Advanced Preparation

None

Objectives

Identify the impact and potential application considerations of the new revenue recognition standards for not-for-profit organizations.

 Identify practical steps for implementing the new revenue recognition standards.

 Determine the impact of the new revenue recognition standards on not-for-profit financial statement disclosures.

Location

N/A (This is a webcast)
Member Fee $99.00
Non-Member Fee $129.00
Your Price $129.00

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