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NOT2239

2018-08 Contribution and Contract Revenue Recognition: Lessons Learned, Items Missed & Common Issues

Date
June 14, 2022
$49
Standard Price
This product is also available as part of the following products:
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This includes sessions from the conference: 2022 AICPA & CIMA Not-for-Profit Industry Conference

This session will review the contribution and contract revenue recognition accounting standard for nonprofit organizations under ASU 2018-08. We will review lessons learned, common mistakes and items missed with various examples during the session.

Learning Objectives

  • Identify lessons learned and common mistakes in accounting for transactions under ASU 2018-08.
  • Analyze how to effectively audit contributions received and contributions made under topic 958 and key audit procedures.

Speakers

Speaker Image for Kelly Rancourt
Principal, Clark Nuber
Speaker Image for Richard Cole
Partner / Nonprofit and Education, Forvis Mazars

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