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NOT2239 - 2018-08 Contribution and Contract Revenue Recognition: Lessons Learned, Items Missed & Common Issues

‐ Jun 14, 2022 4:35pm

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.



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Concurrent Session Onsite and Online

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