Nonprofit A&A Series Part 2: Revenue Recognition 25-26
2.00 Credits
Member Price $99
Non-Member Price $129
Overview
Part 2 of a 2-part series is an overview of GAAP requirements for nonprofit organizations and will help you become proficient in nonprofit financial reporting. This session focuses on revenue recognition. Be sure to register for part 1 in the series: Nonprofit A&A Series Part 1: Financial Statement Presentation & Disclosure
Highlights
Pledges and contributions Restrictions and conditions Special concerns with governmental funding Donated goods and services Special events Revenues earned through sales and services to customers, including the application of CECLPrerequisites
Nonprofit A&A Series Part 1: Financial Statement Presentation & Disclosure
Designed For
CPAs, auditors, accountants and financial professionals in nonprofit organizations
Objectives
Identify the differences between contribution and exchange revenue. Consider the application of the credit loss standard (CECL) to non-profits with earned revenue Distinguish between restrictions and conditions. Recognize factors to consider in applying the five-step revenue recognition model within a nonprofit. Learn about revenues unique to nonprofit organizations, including agency transactions and split-interest arrangements.Preparation
None
Non-Member Price $129
Member Price $99