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Contributions: Clearing up the confusion
Accounting for contribution income can be very complex. Is it an exchange transaction or a contribution? If it’s a contribution, is it conditional or unconditional? Also, is it restricted or unrestricted and what’s the difference between restricted and conditional? Answering these questions correctly is really important because it determines in what period you recognize the income. In many situations, grant/donor/contract agreements are not always entirely clear as to which type of income it is. This webinar will set you up with the knowledge to make these determinations accurately, using real-life examples.

Nov 10, 2021 09:00 AM in Arizona

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