We know that the new standards from the Financial Accounting Standards Board (FASB) change the way nonprofits present restricted contributions on their financial statements. But who knew these changes could be the source of cutting-edge strategies for fundraising?
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This webinar, drawing on the expertise of Curtis Klotz, certified public accountant and director of nonprofit innovation of CliftonLarsonAllen Wealth Advisors, LLC, in Minneapolis, explores how the latest changes in accounting standards for revenue recognition can be used to develop more effective grant proposal narratives and budgets. Whether you are a CEO, development professional, CFO, board member, or accountant, this webinar will provide you with an understanding of new standards on revenue recognition and restricted revenue. We’ll also look at examples of how to use those concepts to craft grant proposals that bring in the most flexible funding possible.
This webinar will explore:
- How the new accounting standards for revenue recognition specifically impact grants
- Strategic ideas for maximizing the flexibility of your restricted grants