Faculty: Ian Shuman, 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.

In this session we will share examples to show you:

• How to distinguish between exchange transactions and contributions
• How to identify conditions and restrictions
• When to record the revenue for all of these scenarios

Register Now!