Professional Services Agreements in Construction Live Webinar

Nonprofit Accounting for Contributions and Pledges (OnDemand Webinar)

$149.00

SKU: 409473EAU

Description

Learn how to accurately record contributions and pledges to avoid errors in revenue recording and misclassification of net assets.Many nonprofit leaders have difficulty recording contributions and pledges. Oftentimes this results in errors in recording revenue or breaking out net assets classifications. This presentation will help the people responsible for reviewing contribution agreements to recognize conditions and restrictions. The live webinar also explains the differences in recording unconditional and conditional contributions vs donorrestricted and unrestricted contributions. Failing to recognize the differences between these various types of contributions and impacts on revenue recognition can have a significant impact on the financials and is a frequent cause of audit adjustments. This webinar is critical for nonprofit leaders and those involved in reviewing and processing donor agreements and cash receipts.

Date: 2024-01-23 Start Time: End Time:

Learning Objectives

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What Is a Contribution and a Pledge?
• Contribution vs Exchange Transaction
• Examples of Contributions and Exchange Transactions
• Promise vs Intent

Types of Pledges?
• Unconditional Promise to Give.
• Conditional Promise to Give.
• Examples of Unconditional and Conditional Promises to Give

Restricted vs Unrestricted?
• Contributions / Pledges With Donor Restrictions
• Contributions / Pledges Without Donor Restrictions
• Examples of Contributions / Pledges With and Without Donor Restrictions

Restriction or Condition?
• Differences Between Restrictions and Conditions
• Examples of Restrictions vs Conditions

Review and Questions
• Contributions vs Exchanges Transactions
• Unconditional vs Conditional Contributions
• Restricted vs Unrestricted
• Restriction or Condition
• Questions

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AIPB ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

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Eric Hittle, CPA-Silver Spring Accounting LLC

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Professional Services Agreements in Construction Live Webinar

Nonprofit Accounting for Contributions and Pledges (OnDemand Webinar)

$199.00

SKU: 409013EAU

Description

Learn how to stay compliant when accounting for contributions and how to overcome its unique challenges.Accounting for contributions under GAAP can be challenging and keeping up with changes in accounting standards, while performing your daily responsibilities, can add to that challenge. This topic will help you understand the differences between contributions and exchange transaction and determining when contributions contain donorimposed conditions andor donorimposed restrictions. We will also go over the accounting and disclosure requirements for noncash contributions and promises to give.

Date: 2021-05-10 Start Time: End Time:

Learning Objectives

Understanding the Difference Between Contributions and Exchange Transactions
• Definition of Exchange Transaction
• Definition of a Contribution
• Reporting Equity Transfers

Determining If Contributions Are Conditional
• Donor-Imposed Condition
• Barriers
• Right of Return
• Recognition and Measurement

Determining If Contributions Are Donor Restricted
• Donor-Imposed Restriction
• Restricted for Time
• Restricted for Purpose
• Perpetually Restricted
• Accounting for Restrictions

Noncash Contributions
• Accounting for Gifts-In-Kind
• Accounting Gifts of Long-Lived Assets
• Items Used for Fundraising Purposes
• Contributed Services
• Contributed Utilities and Use of Long-Lived Assets
• Brief Overview of ASU 2020-07 • Presentation and Disclosure of Nonfinancial Assets Received

Promises to Give
• Initial Recognition and Measurement
• Subsequent Measurement
• Disclosure Requirements

CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Mark Robins, CPA-Aronson LLC

Professional Services Agreements in Construction Live Webinar

Nonprofit Accounting for Contributions and Pledges (OnDemand Webinar)

$199.00

SKU: 405847EAU

Description

Learn how to stay compliant when accounting for contributions and how to overcome its unique challenges.Accounting for contributions under GAAP can be challenging and keeping up with changes in accounting standards, while performing your daily responsibilities, can add to that challenge. This topic will help you understand the differences between contributions and exchange transaction and determining when contributions contain donorimposed conditions andor donorimposed restrictions. We will also go over the accounting and disclosure requirements for noncash contributions and promises to give.

Date: 2020-12-10 Start Time: End Time:

Learning Objectives

Understanding the Difference Between Contributions and Exchange Transactions
• Definition of Exchange Transaction
• Definition of a Contribution
• Reporting Equity Transfers

Determining If Contributions Are Conditional
• Donor-Imposed Condition
• Barriers
• Right of Return
• Recognition and Measurement

Determining If Contributions Are Donor Restricted
• Donor-Imposed Restriction
• Restricted for Time
• Restricted for Purpose
• Perpetually Restricted
• Accounting for Restrictions

Noncash Contributions
• Accounting for Gifts-In-Kind
• Accounting Gifts of Long-Lived Assets
• Items Used for Fundraising Purposes
• Contributed Services
• Contributed Utilities and Use of Long-Lived Assets
• Brief Overview of ASU 2020-07 • Presentation and Disclosure of Nonfinancial Assets Received

Promises to Give
• Initial Recognition and Measurement
• Subsequent Measurement
• Disclosure Requirements

Mark Robins, CPA-Aronson LLC