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WEBINAR: Revenue Recognition for Nonprofits: A Practical Perspective
October 20, 2022 @ 1:30 pm - 3:30 pm
Faculty: Ian Shuman and Steven Lyons, GRF CPAs & Advisors
Do the accounting rules for nonprofit grant agreements, contributions and other contracts seem arbitrary and confusing? These rules are a few years old now but can be mysterious since agreements with funders don’t often fit neatly into clear pre-defined categories. Join us as we review these rules and how to apply them. We will spend the bulk of the class walking through real-life examples to illustrate how to identify and account for exchange contracts, conditional contributions, restricted contributions, and multi-year grants.