Surgent's How Not-for-Profits Account for Grants and Contracts Under ASU No. 2018-08

Course Details

Date

Thursday, May 1, 2025 – Thursday, April 30, 2026

Field of Study

Accounting (Governmental)

Course Number

SU0264

CPE Credit

1 hour CPE credit

Level of Knowledge

Intermediate

Vendor

Surgent McCoy CPE, LLC

Prerequisites

Some introductory background in not-for-profit accounting

Description

This course is designed to help you proceed and succeed in applying the requirements found in ASU No. 2018-08, Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made. Learn the thought process used in evaluating and recording contribution transactions.

Highlights

  • Evaluating whether transactions should be accounted for as contributions or as exchange transactions
  • Determining whether a contribution is conditional or unconditional
  • Become comfortable with the new barrier and right of return/right of release terminology

Objectives

  • Understand the steps involved in applying ASU No. 2018-08
  • Recognize how the new contribution guidance interacts with the old contribution guidance

Designed For

Not-for-profit industry professionals and auditors

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$49.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$99.00
Your Price $99.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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