Chapter PD: NFPOS – Aligning Budgets with Revenue Recognition Policies

 Saturday, December 8, 2018 

08:15 AM - 09:00 AM Registration and Breakfast
09:00 AM - 12:00 PM Session

Location: Executive Airport Plaza Hotel, 7311 Westminster Hwy Richmond, BC




$80 - members;

$75 - members;

(early bird discount - until October 31, 2018)           



Complimentary Parking provided by the hotel

(We will be sending out a parking pass prior to the event)

  3.0 PD Hours

Learning Objectives:

When preparing or reporting on external financial statements there are several accounting policies for contribution revenue to be considered. The deferral method, the restricted fund method as well as the option of fund presentation present significant differences in how the financial statements look and how the results are reported. It is important to consider these differences during the budgeting process to ensure all involved can consider how the operational decisions will affect the external reporting results.


    Who Should Attend:   

    This presentation is for any CPA with limited involved with a charity. The presentation is directed at: • New board members • Experienced board members looking to enhance understanding of external reporting accounting policies • Public practitioners with few clients in the NFPO sector


    Benefits of Attending & Content:   


    Topics covered will include:

    • Aligning financial records and budgets to external reporting needs
    • Accounting for contributions
    • Fund accounting: presentation election
    • Revenue recognition policy choices and impact on financial reporting, Deferral Method, Restricted Fund Method
    • Other accounting policy and budget considerations


    Prerequisite:  None

    Speaker's Bio:


    TOM GILLESPIE, CPA, CA is a director and co-founder of Clearline Consulting CPA.  He has over ten years of accounting and assurance experience having been the associate director of practice review with CPABC as well as a professional standards advisor.  Prior to working with CPABC he was an audit manager with a major international accounting firm.  Tom provides file compliance, monitoring, in-house training, audit planning and on-going consulting services to CPA firms and practitioners, helping them succeed and build thriving practices.




    We are sorry - Registration is full. Please contact us at [email protected] if you require any assistance.