Nonprofit Section Meeting: Unwrapping the Gifts-In-Kind Package
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(Check-In 8:00am)
Hybrid
1.00 Credits
Member Price $0.00
Overview
We will be diving into the most common scenarios of gifts-in-kinds for nonprofits. Based on these scenarios, we will dive into revenue recognition, valuation techniques, and various disclosure requirements.
The session will start with virtual networking via breakout rooms from 8-8:30am and the session will run from 8:30-9:30am.
Prerequisites
None
Objectives
Attendees will learn to identify which noncash assets can qualify as gifts-in-kind to recognize. From there, attendees will learn how to value these gift-in-kind contributions and how to comply with the disclosure requirements.
Preparation
None
Section Sponsor
Leader(s):
Leader Bios
Ji Yong Shin, Engagement Manager, CliftonLarsonAllen
Alex is a Manager in CLA’s DC Nonprofit Assurance practice. Alex has several years of public accounting experience serving the nonprofit industry. Alex has a special focus on providing audit, tax, and business advisory services to a wide array of associations, foundations, and other exempt organizations. He has profound knowledge of business operations and the financial statements of the nonprofit industry.
Member Price $0.00