Learn the core principles for not-for-profit revenue recognition and measurement of contributions through real world scenarios. NFPs often receive revenue in the form of contributions. Transfers of assets and promises to give can come with donor-imposed conditions, restrictions, or both. In this course, you'll cover the core principles for recognition and measurement of contributions along with special accounting considerations related to: - Promises to give - Donated goods and services which are also referred to as gifts-in-kind - Financial statement presentation and disclosures Who Will Benefit - New accountants interested in the basics of accounting and financial reporting requirements that apply to not-for-profit entities. - Experienced accountants that are new to the not-for-profit industry or are in need of a refresher on the basics of accounting and financial reporting requirements that apply to not-for-profit entities. Key Topics - Promises to give - Donated goods and services which are also referred to as gifts-in-kind - Financial statement presentation and disclosures Learning Outcomes - Recall recognition and measurement principles for contribution revenue. - Identify key concepts related to promises to give. - Recall requirements relating to the recording and valuation of gifts-in-kind. - Recognize proper financial statement presentation of contributions.