Revenue Recognition for Nonprofit Organizations

This event qualifies for 1.5 CPEs

Benefits

We will review and discuss a wide variety of revenue recognition issues affecting nonprofit organizations. Practical case examples will be used to illustrate and reinforce the accounting principles to be considered in more complicated revenue transactions.

This live audio conference will cover the revenue transaction descriptions described above in a practical approach format. You will take away concrete examples of the issues and concerns that need to be addressed with respect to complex revenue transactions.

Agenda

The Basic Concepts of Revenue Recognition Under Generally Accepted Accounting Principles (GAAP)
Recognition of Contributions and Pledges
Recognition of Donor Restrictions and Releases From Restrictions
Contingent Asset Transactions
Governmental Grant Revenue Recognition
Foundation and Contractual Grant Revenue Recognition
Case Studies in Revenue Recognition Where Goods and Services Are Provided
Investment Income Recognition – Alternative/Nontraditional Investments
Recognition of Contractual Discounts and Amounts Paid at Less Than Billed Rates

Continuing Education Units

CLE (Please check the "Detailed Credit Information" page for states that have already been approved)
CPE
Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Detailed Credit Information

Only registered attendee will receive continuing education credit. Additional attendees can receive continuing education credits at a discounted price. Call 1-866-352-9540 for further credit information and details.

Who Should Attend

This live audio conference is designed for accountants, executive directors, officers, board members, controllers, CFOs, tax managers, enrolled agents and attorneys.