Clarified Guidance on Contributions for Nonprofits

FASB recently issued Accounting Standards Update (ASU) 2018-08: Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made.


This standard explains how entities determine whether a transfer of assets is an exchange transaction or a non-exchange transaction (contribution), as well as whether a non-exchange transaction is conditional. This applies to not-for-profit entities that receive revenue from sources including grants, contracts and donations, as well as local, state and federal government grants and contracts. 


Our nonprofit specialists will provide an overview of the new standard, explain how the accounting and financial reporting for entities is affected and discuss the significant analysis and documentation required when applying this guidance. Join us for examples, implementation guidance and more.



Jennifer Lambert, CPA

Christine Slade, CPA


Tuesday, April 30, 2019 | 11:00 a.m. to 12:00 p.m.

CPE will be offered for this event. 


Information on CPE eligibility
Recommended CPE credit is one (1) hour of A&A credit. Please indicate on the registration form if you would like to receive eligible CPE credit for this webinar event. A certificate of completion will be emailed to you within seven to 10 (7-10) business days after submitting the evaluation following the event.

Note: Rehmann is not registered with NASBA's National Registry of CPE Sponsors as a provider of CPE. CPE credits should not be claimed for this program in states where the licensing authority requires all CPE credits claimed to be provided by CPE providers registered with the National Registry of CPE Sponsors.