posts tagged as Revenue Recognition


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


By Floyd Roades | February 08, 2018

Best Practices for Franchisor Cooperative Advertising Funds

If you are a franchisor with a cooperative advertising fund, now is a good time to evaluate how your ad fund is set up and determine whether or not a better option exists. read more


By Lee Klumpp | November 16, 2017

FASB Clarifies How Nonprofits Should Characterize Contributions

On August 3, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU), “Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made.” The ASU is intended... read more


By Carrie Shagat | August 03, 2017

FASB Accounting Updates and Amendments for Restaurants

The Financial Accounting Standard Board (FASB) has been busy over the past several years making technical corrections and improvements to existing standards and in some cases, creating new standards. The new standards are set to... read more


By Nonprofit Practice Leaders | July 13, 2017

Listen to our Annual Nonprofit Accounting and Auditing Update

Are you up to speed on the FASB and AICPA projects that could impact the nonprofit sector? Join us on Tuesday, July 25 at 1 pm EST, for our Annual Accounting and Auditing Update. read more