Self-Study

Exchange and Agency Transactions: Not-for-Profit Accounting & Financial Reporting

---

This course covers the recognition, measurement, and presentation of revenues from exchange transactions involving not-for-profit entities (NFPs). Sometimes a transaction can be part contribution and part exchange. The course addresses these transactions that may be challenging to classify. It also discusses agency arrangements where the NFP acts as an intermediary. Regardless of whether the NFP derives a substantial or minor portion of its total revenues from exchange transactions, accurately accounting for them is vital for reflecting the NFP's financial story.

Major subjects

• Recognition, measurement, and presentation of revenues from exchange transactions involving not-for-profit entities.
• Challenges.
• Agency arrangements.

Learning objectives

• Differentiate between exchange transactions and contributions.
• Recognize challenging types of transactions.
• Recall key concepts regarding revenue recognition for exchange transactions.
• Recall key concepts relating to agency transactions.

Who should take this program?

• New accountants interested in the basics of accounting and financial reporting requirements that apply to not-for-profit entities; experienced accountants that are new to the not-for-profit industry or are in need of a refresher on the basics of accountin

Pricing

Our records indicate you are a nonmember. If you register, you will be charged $75.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.

---

Related programs

Sept. 23, 2026 | Surgent's Best Practices in Not-for-Profit Accounting and Reporting | Webinar

Sept. 30, 2026 | Surgent's Preparing Not-for-Profit Financial Statements | Webinar

Oct. 8, 2026 | On the Dash: Why Your Not-for-Profit Needs a Dashboard | Webinar

Oct. 14, 2026 | Surgent's Preparing Not-for-Profit Financial Statements | Webinar

Oct. 20, 2026 | Surgent's Best Practices in Not-for-Profit Accounting and Reporting | Webinar

---

Related products

Surgent's Best Practices in Not-for-Profit Accounting and Reporting | Self-Study (On-Demand)

Surgent's Best Practices in Not-for-Profit Accounting and Reporting | Self-Study (Downloadable PDF)

Surgent's Preparing Not-for-Profit Financial Statements | Self-Study (On-Demand)

Surgent's Preparing Not-for-Profit Financial Statements | Self-Study (Downloadable PDF)

Assets: Not-for-Profit Accounting & Financial Reporting | Self-Study (On-Demand)

---