Registration: No charge for WRAG and Center for Nonprofit Advacement members, $90 for all others
Financial Accounting Standards Board recently issued an accounting standards update, (ASU) 2018-08, to clarify and improve the scope and the accounting guidance for contributions received and contributions made. The amendments in this update assist entities in (1) evaluating whether transactions should be accounted for as contributions (nonreciprocal transactions) or as exchange (reciprocal) transactions subject to other guidance, and (2) determining whether a contribution is conditional. WRAG and the Center for Nonprofit Advancement invite their members to a special learning session with Gelman Rosenberg & Freedman CPAs who will discuss the mechanics of the update, provide examples, address implementation, and answer any questions.
This session will be led by:
- Ricardo Trujillo, CPA , CITP, CISA, Nonprofit Audit Partner, Gelman, Rosenberg & Freedman
- Tricia Katebini, CPA , MBA, Nonprofit Senior Audit Manager, Gelman, Rosenberg & Freedman