Nonprofit Revenue Recognition: Back to the Basics 2025-26
Available Until
TBD
1.0 Credits
Member Price $49.00
Non-Member Price $59.00
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’sNot-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
Prerequisites
None
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.
Preparation
None
Non-Member Price $59.00
Member Price $49.00