The new revenue recognition standards will affect not-for-profit financial reporting significantly. During this webinar, you will learn how to apply two new standards:
FASB ASU 2014-09 Revenue from Contracts with Customers (Topic 606) and
FASB ASU 2018-08 Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made (Topic 958).
Learned industry experts will walk you through the new standards in this webinar. With detailed examples, you will learn when transactions are reciprocal and nonreciprocal under the new guidance. Lastly, the webinar will explain how the standards will affect recognition of amounts received under transactions that are frequently encountered in NFPs.
Key topics covered:
The accounting standards affecting non-profits
Implementing and using current authoritative literature
The latest issues regarding NPO mergers and NPO goodwill treatments
This webinar is designed for accountants who want to remain on the cutting edge of the most recent accounting affecting not-for-profits.
Learning Objectives
To review of recent accounting standards update ASU 2014-09 and 2018-08; and guides for not-for-profits
To recognize and implement ASU 2014-09.
To identify scenarios and implementation ASU 2018-08.
To share important points related to ASU 2014-09 and ASU 2018-08 to management
To share important points related to ASU 2014-09 and ASU 2018-08 to audit committees
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
About Presenter
Alexander Buchholz, CGMA
Advisor, PKF O'Connor Davies, LLP
Alexander Buchholz is a Partner at PKF O’Connor Davies with over 15 years experience in public accounting, including with a “Big Four” accounting firm.
Alex is responsible for the development of the audit approach, supervision of staff, and the establishment and maintenance of the engagement budget. Additionally, he is responsible for the coordination of staff and management so that the audit is performed on a timely basis with as little intrusion to client operations as possible.
His expertise is in Single Audits, internal control/compliance audits, and specialized cost reporting. His industry experience is in healthcare and not-for-profit entities, including skilled nursing facilities, social service agencies, charter schools, diagnostic and treatment centers, home care service entities, adult homes and other long-term care facilities, special needs entities, and cemeteries.
Alex is also an adjunct professor at Brooklyn College of the City University of New York in the Department of Accounting where he teaches undergraduate and graduate courses in accounting and auditing. He also teaches at the School of Professional Studies of the City University of New York for the Online Business Management Department and at Mercy College and Lehman College.
He conducts internal training seminars for the Firm and frequently speaks at outside organizations and associations. He is also a former member of the Firm’s continuing professional education (CPE) committee, with special emphasis on Single Audit training. Alex has written many articles on accounting and auditing topics for a variety of professional publications.
PKF O'Connor Davies is a new breed of accounting and advisory firm that holds itself to a higher standard – going beyond passive value calculation to active value creation.
With unmatched client focus, we unlock the real value hidden at key connection points of every engagement – from the industry and resource levels to the organization and regulatory levels on the regional, national and international levels.
Through these connections, our team of more than 600 top-notch professionals continually drives efficiencies, uncovers opportunities and manages risk – delivering value where others can’t.
FAQ
myCPE self-study courses are online.
The self-study format allows you to access the material online 24/7 and study at your own pace.
As per NASBA guidelines, you have one year from date of registration to complete each program.
Complete your final exam at any time and get CPE Credit instantly. You can retake the exam multiple times without any additional charges.
Course have minimum passing score of 70% and test takers will not be provided feedback on failed exams.
These are Live recorded presentations converted into Self Study (On-Demand Videos).
Refund/Cancellation Policy
For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128
Please email to help@my-cpe.com in case of any self study program queries.
Testimonial
4.5
(356)
54%
37%
8%
0%
0%
JM
john mountcastle ,
Feb 9th 2021
While quick-paced, being able to follow along with powerpoint pdf allowed me to go back to review recondite facts
KS
ken summit ,
Jan 26th, 2021
great
MS
Michael Sowa ,
Jan 26th, 2021
Instructor was very confident and presented information in a professional manner.
