Please note: CPE is only available for live webinars, it is not available for webinars on-demand.
When a business provides resources to a not-for-profit, how the transaction is classified can impact how and when the revenue is recognized. The Financial Accounting Standards Board recently issued Accounting Standards Update 2018-08, which clarifies and improves the scope and accounting guidance regarding contributions of cash and other assets given to and received by not-for-profit organizations. Join CSH’s Matt Shroyer and Tamara Johnson Avery for a webinar that discusses these changes, including the treatment of different transactions, and the effective dates for the new standard.
Learning Objectives:
- Discover how to distinguish contributions from exchange transactions
- Learn how to identify donor conditions versus restrictions and when to recognize each as contribution revenue
- Planning considerations for the implementation of this new standard