22WC-1014: Nonprofit A&A Series: Session 4 - Revenue Recognition (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Date
Tuesday, December 20, 2022
Time
2:00pm
-
4:00pm
Central Time
Location
Online
CPE credits
CPE
2.0
Field(s)
of study
Accounting - Technical (2.0)
Fees
|
Standard Member Fee |
$79.00
|
|
Standard Nonmember Fee |
$109.00
|
Description
Stay current in the nonprofit world with this deep dive into accounting for and auditing revenue streams in nonprofits. We will review recent new standards and consider them with case studies. The case studies will include familiar and complex situations and include audit techniques to identify potential misstatements.
Who should take this program?
CPAs, auditors, accountants and financial professionals
Major subjects
-
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
Learning objective(s)
-
Recognize financial statement presentation requirements for nonprofits
-
Learn about how to account for and disclose COVID-related assistance and risks
-
Learn about the new grant accounting guidance in ASC 606 and gifts-in-kind standard
-
Plan for changes required by the new revenue recognition and lease accounting standards
-
Consider methodologies for cost allocation for the functional presentation and grant accounting needs
-
Identify accounting challenges for nonprofits
-
Identify audit issues unique to nonprofits
Course code
Code
22WC-1014
Sponsor
NASBA ID#: 104822
Level
Intermediate
Format
Group Internet Based
Prerequisites
Prereq.
Familiarity with accounting requirements for nonprofits and generally accepted auditing standards
Advance
prep
None
If you have questions about this event, please call us at 952-831-2707.
