ASU 2018-08: Navigating New Guidance on Contributions & Grants Webinar
Date / Time:
August 14, 2019 - (11:00 AM - 12:00 PM)
Are you a not-for-profit organization that receives government or foundation grants? Are you a private foundation that makes grants to other not-for-profits? If you answered yes to either of these questions, you need to attend this webinar. New guidance on categorizing grants/contracts as contribution vs. exchange transactions goes into effect this year.
During this webinar, Danielle Martin, Porte Brown manager, will take a deep dive into the Accounting Standards Update 2018-08: Clarifying the Scope and Accounting Guidance for Contributions Received. Danielle will address the impact of the ASU on not-for-profit organizations and their financial statements. This webinar will include a walkthrough of contract examples and review practical applications of the guidance for both grantees and funders.