Faculty: Ian Shuman and Steven Lyons, GRF CPAs & Advisors

Do the accounting rules for nonprofit grant agreements, contributions and other contracts seem arbitrary and confusing? These rules are a few years old now but can be mysterious since agreements with funders don’t often fit neatly into clear pre-defined categories. Join us as we review these rules and how to apply them. We will spend the bulk of the class walking through real-life examples to illustrate how to identify and account for exchange contracts, conditional contributions, restricted contributions, and multi-year grants.

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