ACCT 110 | Introduction to Nonprofit Accounting, Part I: Revenue & Receivables

Starting

January 18, 2024

Start Time

1:00 pm

End Time

4:30 pm

Location

Virtual

Event Type

Nonprofit University

Registration Details

Members: $95
Non-Members: $125

Special offer

Get unlimited professional development with an NU Subscription.

FREE to eligible arts organizations through the Georgia Arts Accelerator.

Overview

Being unfamiliar with nonprofit accounting procedures and concepts may be the one part of your job causing you anxiety. In reality, once you know the conditions and terminology, you will realize how essential it is to your work and the health of your organization.

This course is designed to make you more comfortable with the accounting rules regarding revenue recognition for nonprofit organizations. You will walk through real nonprofit examples that will help you understand the different types of revenue streams and the timing of recording revenue. This class is right for you if you are new to the nonprofit sector, nonprofit accounting, or your position as staff or board member.

This class was formerly numbered as ACCT 200. It has been changed to better reflect the content level and intended audience.

Key Concepts

  • Explanation of GAAP and accrual vs cash basis
  • Contributions and grants
  • Program income
  • In-kind goods and services
  • Deferred revenue
  • Receivables

Learning Objectives

At the end of this course, you will be able to:
  • Define key nonprofit accounting terminology relating to revenue recognition.
  • Name the various revenue streams for nonprofit organizations.
  • Explain when and how revenue should be recorded.
  • Summarize the key requirements under new FASB revenue recognition rules for nonprofits.

Registration Note

Due to a system update, you may encounter a pop-up blocker while registering for upcoming programs. To be sure your registration processes correctly, please be sure your browser allows pop-ups for the GCN Portal. Click here for instructions.

Facilitator(s)

faculty parnes square
Shelley Parnes

Share This Event:

You might also be interested in these events

Certificate of Nonprofit Accounting Essentials

Obtain practical skills in financial and accounting management your organization needs while growing your opportunities.
January 15, 2025
1:00 PM
Virtual

Strategies for Eliminating Bias and Creating a Culture of Inclusion Bundle

Learn practical concepts for developing trust, workplace inclusiveness, culturally responsive programs, and more.
February 5, 2025
1:00 PM
Virtual

Ready to learn more?

GCN has learning events
for every nonprofit pro.

Subscribe for NU updates and never miss an opportunity to sharpen your skills.

GCN has learning events for every nonprofit pro.

Subscribe for updates from Nonprofit University,
and never miss an opportunity to sharpen your skills.

Welcome to the new GCN.org!

We hope you like it as much as we do. If you have issues finding anything, reach out to us at info@gcn.org.