Clarifying accounting guidance from contributions and grants: A look into ASU 2018-08

Presented by Nicki Donlon and Rebekah Martin

Not-for-profit organizations receive revenue from a variety of sources, including individual contributions and grants and contracts from corporations, foundations and various government agencies. This webinar provides a meaningful overview of the new accounting standard, ASU 2018-08.

Key takeaways

  • Requirements under ASU 2018-08
  • Impact on Organizations’ implementation of ASC 606 (Revenue Recognition)
  • Practical implementation guidance