Nonprofit Revenue Recognition: Back to the Basics (1 hour) - OnDemand Webcast
Available Until
On-Demand
1.0 Credits
Member Price $49.00
Non-Member Price $74.00
Overview
This practical course demystifies revenue recognition for nonprofits. You’ll learn how to confidently distinguish between exchange transactions and contributions, master the five-step process for recognizing exchange transactions, and get clear guidance on accounting for contributions. Real-world examples will help you apply these principles with ease and accuracy. This session was recorded on May 29, 2025, for CalCPA’s Not-for-Profit Organizations Conference.
Highlights
- Understanding revenue recognition core principles
- Distinguishing exchange transactions and contributions
- Applying the five-step recognition model
- Identifying performance obligations in contracts
- Accounting for conditional and unconditional contributions
- Recognizing revenue over time or point-in-time
- Using practical examples for better clarity
Objectives
- Understand the difference between exchange transactions and contributions.
- Learn the 5-step process for recognizing exchange transactions.
- Explore examples of revenue transactions for not-for-profit entities.
Notice
“Adding to Calendar” does not register you for this event. Please either register online by clicking “Add to Cart” or contacting OSCPA at 503-641-7200 / 800-255-1470, ext. 3. Thank you!
Non-Member Price $74.00
Member Price $49.00