UST WEBINAR SERIES
W180: Nonprofit GAAP: Accounting for the Impact of the New Lease Standard
Thursday, September 16, 2021
11:00 am - 12:30 pm (EASTERN TIME)

We’ll cover the scope, adoption method, key provision and why any of this matters to you. We’ll go over what you need to know to make sure you understand how leases are classified under ASC 842 and provide examples and illustrations on how to initially calculate and subsequently measure leases under this new standard.

Learning Objectives
  • You will be able to identify which transactions/agreements are within the scope of ASC 842.
  • You will be able to explain the adoption method, initially calculations and subsequent measurements.
  • You will be able to describe presentation and disclosures requirements.
SPEAKER BIOS
Mark Robins
Partner, Aronson LLC
Partner, Assurance Services at Aronson LLC - Over 10 years of experience in public accounting - Specialize in nonprofit financial reporting and auditing - Conducts regular seminars and workshops internally and externally on various topics in accounting and auditing - Member of the AICPA - B.S. degree in accounting, California State University Northridge
Will Donahue
Senior Manager, Aronson LLC
As a Manager in Aronson LLC's Nonprofit Industry Services Group, Will Donahue works with a team of accountants to perform attestation services (audits, reviews, compilations), specializing in serving nonprofit and association industry groups. These services provide assurance that an independent, objective audit has been performed completely in accordance with professional standards, giving client Boards, donors, members and other constituents the confidence that their financial statements are fairly presented and that internal control issues have been properly addressed.
Level Intermediate Delivery Group Internet-Based
CPE(NASBA Category) Accounting Reviewer Wade Tetsuka, CPA
CAE (Field of Study) Operations CPE/CAE Credits 1.5
Prerequisites and advance preparation needed 1-year or more of experience with nonprofit accounting (private or public company). Advance preparation needed: None Cost $0.00
Refund and Complaint Resolution Policy: www.ustranscorp.com/webinar-policy

U.S Transactions Corp. 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