“Grant” agreements have become more complex and more robust, including agreements that are styled to look like for-profit contracts. In addition, the accounting rules for revenue recognition were significantly clarified in recent years. And this was all before a deluge of federal funding due to the pandemic. Not-for-profits are in a perfect storm of complexity. Join United Way for this session where PKF Texas Directors Danielle Supkis Cheek, CPA, CFE, CVA, and Nicole Riley, CPA, CFE, will focus on some of the recent traps seen in classifying “grant” agreements.
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