Surgent's How Not-for-Profits Account for Grants and Contracts Under ASU No. 2018-08
Available Until Wednesday, Apr 30, 2025
1.00 Credits
Member Price $49.00
Non-Member Price $69.00
Overview
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.
Objectives
- 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
Prerequisites
Some introductory background in not-for-profit accounting
Preparation
None
Notice
You will receive an email from Surgent CPE with instructions to access this webinar.
Non-Member Price $69.00
Member Price $49.00