1. Identify which revenue types will be impacted by GAAP changes.
2. Identify how organizations can analyze and quantify the impact of these changes for an organization.
3. Obtain tools to help your nonprofit organization properly recognize revenue under the new standard.
Discover how the new revenue recognition standard can be automated.
The new revenue recognition standards, ASC 605 and 606, are the most significant changes to GAAP in decades. These changes will impact some nonprofit organizations and you will need to be aware of how these changes may impact your organization to prevent findings.