Surgent's How Not-for-Profits Account for Grants and Contracts Under ASU No. 2018-08 - On-Demand Webcast
May 1st, 2024 - April 30th, 2025 @ -
| Member Price | $49 |
| Non-Member Price | $79 |
| If you are a member, please login to activate member pricing. | |
Credits
1Description
This course is designed to help you proceed and succeed in applying the requirements found in ASU No. 2018-08, Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made. Learn the thought process used in evaluating and recording contribution transactions.Objectives
- Understand the steps involved in applying ASU No. 2018-08
- Recognize how the new contribution guidance interacts with the old contribution guidance
Major Subjects
- Evaluating whether transactions should be accounted for as contributions or as exchange transactions
- Determining whether a contribution is conditional or unconditional
- Become comfortable with the new barrier and right of return/right of release terminology