posts tagged as Revenue Recognition


By Nonprofit Practice Leaders | August 16, 2021

Furthering Your Mission in 2021 and Beyond

Over the past year and a half, many nonprofit organizations were faced with a difficult combination of challenges: a major change in demand coupled with the inability to interact with key stakeholders – both constituents and donors... read more


By Michaela Kay | June 01, 2021

Pulse Check: Is It Time to Update Your Spending Policy?

2020 was quite the year. While we started off with record highs in the stock market, by mid-March, we saw the fastest 30% decline in the S&P 500 in the history of the index. Since then, we have continued to see many ups and downs, but we... read more


By David Clark | May 03, 2021

What Higher Education Institutions Need to Know About Tuition Discounting

Universities and colleges in the U.S. are facing a challenging paradox. Over the past 20 years, tuition rates have increased a staggering amount, significantly outpacing inflation. For instance, the average tuition and fees for private... read more


By Tammy Ricciardella | September 24, 2020

New Accounting Standards Update On Nonprofit Gifts-in-Kind

The Financial Accounting Standards Board (FASB) has issued the anticipated Accounting Standards Update on presentation and disclosures of contributed nonfinancial assets for nonprofits. Our latest blog post details how the gifts-in-kind... read more


By Nonprofit Practice Leaders | March 28, 2019

Don’t Be a CF-No: How Nonprofit CFOs can Collaborate with Senior Leadership

Explore four key areas where nonprofit CFOs and senior leadership show a disconnect on financial and organizational priorities. Learn how leadership can work together to make decisions that keep the mission the focus, without... read more


By Amber Williams | December 06, 2018

ASC 606’s Impact on Loyalty Programs: Redemption is Key

Under the new revenue recognition standard, restaurants must now take a different approach to accounting for gift cards and loyalty programs. read more


By Amber Williams | August 01, 2018

What Restaurants Should Watch Out for with the New Revenue Recognition Standard

Private restaurants can prepare now for the new revenue recognition standard’s impact on accounting for gift card breakage, loyalty programs and more. read more


By Kari Maue | July 11, 2018

Event Recap: Restaurant CFO Bootcamp – Las Vegas 2018

Restaurant CFOs are eager to discuss delivery services, the new revenue recognition and lease accounting standards, tax reform and more. read more


By Lee Klumpp | June 21, 2018

Are Grants Subject to Revenue Recognition?

Today, the Financial Accounting Standards Board (FASB) issued clarified guidance on accounting for contributions. To help nonprofits understand the changes, the Nonprofit Standard blog outlines a practical example of how to classify a... read more


By Nonprofit Practice Leaders | April 26, 2018

Podcast: 7 Steps to Revenue Recognition Readiness

What prompted the FASB to release its new revenue recognition standard, and how can nonprofits prepare? BDO’s Lee Klumpp and Carla DeMartini answer these questions and more in a recent New York Nonprofit (NPN) Media podcast. read more