- This event has passed.
Mark Robins, a director in Aronson’s Nonprofit & Association Services Group, hosted a webinar on 6/4 titled, “Changes Are Coming – New Revenue Recognition Accounting Standard.”
ASU 2014-09 Revenue from Contracts with Customers (Topic 606) will be effective for periods ending after December 15, 2018 for nonpublic entities. Mark covered what you need to know to get you started. This was the second part of a two-part series covering revenue recognition for nonprofits which will focus on exchange transactions.
Learning objectives included:
- Understanding which transactions are covered by the standard
- What are the options for adoption
- Walking through the 5 steps to recognize revenue