Thoughtware

Webinar 10/16/2018

Navigating the Guidance on Grants & Contributions

Date
10/16/2018 - 2:00 p.m.
Central time
Topics
Pillars on a Government building

Diversity in practice and the heightened focus on revenue recognition with the adoption of Topic 606 have led the Financial Accounting Standards Board to clarify the guidance relative to accounting for grants and contributions, which could be significant for not-for-profit organizations, including health care providers. Join BKD for a complimentary webinar on Accounting Standards Update (ASU) 2018-08, Not-for-Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made. We’ll provide an overview of the standard, explain how the clarification is affecting the accounting and financial reporting for entities with these arrangements and discuss how organizations and providers are tackling the significant analysis and documentation required in implementing this guidance.

Learning Objectives

Upon completion of this program, participants will be able to:

  • Identify the requirements of ASU 2018-08 in distinguishing between an exchange transaction and a contribution and the disclosure requirements for conditional contributions

  • Demonstrate how to apply the standard through examples

  • Describe the practical ways organizations are implementing the new standard and communicating the changes to key stakeholders


I​f you have concerns or would like information regarding program cancellation policies or CPE credit, contact us at training@bkd.com or 800.472.2745.​ Click here to read the CPE FAQs.

CPE NASBA LogoBKD, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.