Nonprofit Lunch & Learn – New Accounting Guidance for Contribution Received and Made
(1.5 Credits of CPE in Accounting)
In this presentation, we 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 ASU improves and clarifies the existing guidance on revenue recognition of grants and contracts by nonprofit organizations.
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