Kentucky Society of Certified Public Accountants

Overview

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.

Prerequisites

Some introductory background in not-for-profit accounting

Objectives

Understand the steps involved in applying ASU No. 2018-08
Recognize how the new contribution guidance interacts with the old contribution guidance

Highlights

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

Register Now

Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.

Event Code:

SUS0190

1 CPE Credits

Governmental Accounting: 1 Credits

Registration

Member Price:

$49

Non-member Price:

$69