Not-for-Profit Accounting for Contributions and Pledges

In this day and age, it is essential for not-for-profit professionals to have a basic understanding of auditing and accounting as it relates to contributions and pledges. This will help you to account for every dime taken in, and to report accurately and completely on how each dollar is used. By preserving the financial integrity of your organization, you will also earn the trust of your supporters. This OnDemand Webinar will provide an introduction to contributions, intentions to give and restrictions. It will also touch on the basics of financial statement presentation and many examples will be provided throughout.

Authors

Agenda

Overview

What Is a Contribution?

• Define
• Conditional vs. Unconditional
• Agency Transactions
• Grants

Promises and Intentions to Give

• Intentions to Give
• Promises to Give
• Long-Term Promises to Give

Restrictions

• Donor Intent
• Unrestricted, Temporarily Restricted, Permanently Restricted

Financial Statement Presentation

• Financial Position
• Activities
• Cash Flows
• Disclosures

Additional Formats