Impact of New Revenue Recognition Standards

New revenue recognition: what does my nonprofit need to know?
  DATE
June 4, 2020
    TIME
10:00 AM – 11:00 AM (Pacific)
This webinar qualifies for 1 Accounting CPE credit (Governmental)
New revenue recognition standards have been discussed for a few years. Now, with updated standards, make sure that your nonprofit organization is prepared. Be sure to come with questions for our nonprofit experts as this webinar will dive into the details of recognizing revenues from contributions, grants, contracts with customers and PPP loan forgiveness, while providing nonprofits with actionable next steps.

In this webinar, our experts will:

  • Identify how the new revenue recognition standards (ASU 2018-08 and ASC 606) impact nonprofit organizations.
  • Discuss accounting treatments for PPP loan forgiveness.
  • Evaluate examples of how to apply the new revenue recognition standards.
  • Assess best practice recommendations to implement the new standards.
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SPEAKERS
Grant Lam
Audit Partner
Armanino
Renee Ordeneaux
Audit Partner
Armanino
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