- This event has passed.
Mark Robins, a director in Aronson’s Nonprofit & Association Services Group, hosted a webinar, “Changes Are Coming – New Contribution Accounting Standard.”
The new standard, ASU 2018-08 Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made, will be effective for periods ending after December 15, 2018. This webinar covered what you need to know to get started. This was the first of a two-part series covering revenue recognition for nonprofits.
- Understanding the difference between contributions and exchange transactions
- Determining if contributions are donor-restricted
- Determining if contributions are conditional