Nonprofit GAAP: Accounting for the Impact of the New Lease Standard

 

 

Webinar: group live presented online  ||  Attendance: 26 Associations  || Great information…thank you || Great job || Thanks! This was a great overview || Good overview of the standard and good examples of how to calculate the various components  || Great webinar! Good reminder to move this project off the “back burner” and get started. I appreciated the specific examples, pertinent polling questions, and referral to other sources of information

Click here for Recorded Webinar 

(Note: CAE or CPE credits can only be granted to attendees of the group-live webinar presented online)

 

 

 

 

 

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

UncategorizedSep 20th, 20210 comments

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