You're Invited: Think the New Revenue Recognition Accounting Standard, ASC 606, Won't Apply to Your Nonprofit? Think Again.

Please join BDO for our fourth session in the BDO KNOWLEDGE Nonprofit and Education Series, “Think the New Revenue Recognition Accounting Standard, ASC 606 Won’t Apply to Your Nonprofit? Think Again.” This session will take place on Thursday, September 18 from 12:30 – 2:00 p.m. ET. You can either join the event via webinar or attend the live event at the City Club of Washington in Washington, D.C. Additionally, select BDO locations nationwide will be hosting in-person viewings; check with your local office if you’re interested in attending. 

The presentation will be led by Lee Klumpp, BDO’s Nonprofit Audit and Accounting Technical Director and recent FASB Fellow. Lee will be discussing the new FASB Accounting Codification Update 2014-09 Revenue from Contracts with Customers (ASC 606) and the common nonprofit revenue streams that might be impacted.

To learn more and register for the webinar, click here. To register for the live event, please click here. For timely information on transitioning to ASC 606 and applying it to your organization, visit BDO’s Revenue Recognition Resource Center here.  

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