Courses

Surgent's How Not-for-Profits Account for Grants and Contracts Under ASU No. 2018-08 - On-Demand Webcast

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Member Price: $49.00 Non-Member Price: $64.00

Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
CPE Credits:: Accounting (Governm): 1.00
Fields of Study:: Accounting (Governmental)
Level:: Intermediate

This course is designed to help you proceed and succeed in applying the requirements found in ASU No. 2018-08, Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made. Learn the thought process used in evaluating and recording contribution transactions.

Objective

Understand the steps involved in applying ASU No. 2018-08
Recognize how the new contribution guidance interacts with the old contribution guidance

Highlights

Evaluating whether transactions should be accounted for as contributions or as exchange transactions
Determining whether a contribution is conditional or unconditional
Become comfortable with the new barrier and right of return/right of release terminology

Designed For

Not-for-profit industry professionals and auditors

Prerequisite

Some introductory background in not-for-profit accounting

Advanced Preparation

None