July 6, 2022 12:00pm – 2:00pm Map & Directions 602-252-4144

Webcast: Nonprofit A&A Series: Session 4-Revenue Recognition

Online registrations are currently closed, please call (602) 324-6847 for additional registration options

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.

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

11:30am

Fees

Member:
$75
Non-CPA Staff:
$101
Non-CPA Staff (100% club):
$75
Non-CPA Staff (sole proprietor):
$75
Non-Member:
$101
Webcast
Accounting & Auditing
2

Objectives

  • 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 Level

Intermediate

Vendor

CalCPA Education Foundation More With This Vendor

Designed For

CPAs, auditors, accountants and financial professionals

Prerequisites

Familiarity with accounting requirements for nonprofits and generally accepted auditing standards

Highlights

  • 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

Notes

None

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