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New Accounting Guidance for Contributions Received and Made

June 28, 2018
1:00 PM to 2:15 PM EST

  • Summary
  • CPE Information
  • Presenters
Please join BDO USA, LLP for another session of the 2018 BDO KNOWLEDGE Nonprofit and Education Webinar Series, "New Accounting Guidance for Contributions Received and Made."
 
BDO professionals will deliver an overview on the new Accounting Standards Update (ASU)—Not-for-Profit Entities (Topic 958): Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made. This new standards update improves and clarifies the existing guidance on accounting for grants and contracts, and may have a significant impact on how nonprofit organizations report revenue.
Learning Objectives:
  • Participants will be able to identify key changes to the Accounting Guidance for Contributions Received and Contributions Made that affect the Nonprofit Sector
  • Understand the impact due to the changes in the guidance on your organization and the effect on its financial statements
  • Describe transition and implementation considerations relevant to the new guidance
Delivery: The webinar will be delivered via the BDO Online CPE Network
Prerequisites: None
Advanced Prep: None
Credits: 1.5 CPE credits in a field of Accounting
Program Level: Overview
BDO USA, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Lee Klumpp, National Assurance Partner, Nonprofit & Education Practice
BDO USA, LLP
 
Amy Duffin, Assurance Senior Manager, Nonprofit & Education Practice
BDO USA, LLP