NOT2214. In-Kind Contributions: A Refresher on Accounting

With the issuance of FASB ASU 2020-07, there is an increased focus on the reporting of in-kind contributions. This session will focus on the accounting and valuation concepts surrounding in-kind contributions, so you can ensure that your organization has properly reported these sometimes complicated contributions properly.

Learning Objectives:

• Identify situations requiring in-kind contributions be reported
• Analyze in-kind contributions properly
• Determine the accounting treatment for in-kind contributions.
• Analyze to ensure proper disclosures are included