Revenue Recognition for Not-for-Profit Organizations:
Understand the Impact of New Accounting Standards


The Financial Accounting Standards Board (FASB) has changed the way nonprofit organizations must recognize and report revenue.

This will have a significant impact on your customers with contracts, the contributions you receive and your financial statement disclosures.

Smooth your implementation with guidance from an expert and lessons learned from how other nonprofits are complying with the new standards.

Register now for Revenue Recognition for Nonprofits: Understanding the Impact of the New Accounting Standards.

In this one-hour webinar, CPA Paul Preziotti explains the changes your nonprofit’s financial team must make to keep revenue recognition practices compliant under the new FASB accounting standards.

Understand the impact on your transactions.  You’ll learn how your reciprocal (exchange) and nonreciprocal (contributions) transactions are affected. You’ll also benefit from lessons learned from implementing the new standards and steps you can take now for a seamless transition.  Plus, you’ll have the chance to ask your own questions during the Q&A portion of the webinar.

Reserve your space now for expert guidance on meeting the revenue-recognition challenges created by the new FASB accounting standards, including:

  • How customers with contracts guidance (ASU 2014-09 and related) affect nonprofit organizations
  • The impact of new guidance on contributions received and made (ASU 2018-08)
  • How new accounting standards change financial statement disclosures
  • Lessons learned from implementation of both accounting standards
  • Steps nonprofits can take to prepare for the implementation of the new accounting standards.

Bottom line: you’ll come away with clear and practical guidance for readying your organization to stay compliant with the new FASB accounting standards.

Register now for Revenue Recognition for Nonprofits: Understanding the Impact of the New Accounting Standards.

Meet Your Webinar Leaders

Paul Preziotti, CPA, is a Partner for the multi-office CPA firm, Johnson Lambert LLP.  He is responsible for providing audit, consulting services and engagement management to not-for-profit entities and employee benefit plans. He has significant experience serving as an advisor for organizations on a variety of issues including risk assessment, governance, compliance and internal control considerations.

Paul received his Bachelor of Science in Accounting and Bachelor of International Business degrees from the University of Maryland, and he joined Johnson Lambert after graduating.  He is a frequent speaker on audit and accounting topics at various industry conferences and seminars.  He is an alumnus of the AICPA Leadership Academy, an honor for which less than 40 people are recognized nationally each year.   He recently received the GWSCPA’s 2018 Outstanding Member in Public Practice Award for his contributions to the growth and enhancement of the accounting profession.

He is a current member of the AICPA’s Not-for-Profit Advisory Council and a past chair for the GWSCPA’s Nonprofit Finance & Accounting Symposium.  Additionally, Paul serves as a board and audit committee member for Food for Others and St John’s Community Services.

Who Should Attend

This webinar is of value to all associations and nonprofits. Attendees who will benefit most include:

  • Finance executives
  • Legal staff

Don't wait, register your entire team today!

CAE Credits: All live webinar attendees are eligible for 1 CAE credit hours. Association TRENDS is a CAE Approved Provider. Our programs meet the requirements for fulfilling the professional development requirements to earn or maintain the Certified Association Executive credential. We will maintain records of your participation in accord with CAE policies. For more information about the CAE credential or Approved Provider program, please visit

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Qty Price Product Name
$215.00 Revenue Recognition for Not-for-Profit Organizations - Understand the Impact of New Accounting Standards (OnDemand: Active for 12 months from 05.12.20)