PSV Nonprofit Group - Contributions: Auditing and Disclosure | I2031219


Date :
December 4, 2019 8:30 AM - 10:15 AM
Location :
San Francisco Peninsula
Facility :
Morton & Associates
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Level of Difficulty :
Member Price :
Nonmember Price :
CPE Credits :
CPE 2.00, AA 2.00
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Having understood Contributions Received and Contributions Made, we will dive deeper and cover audit issues of testing, financial statement disclosures, and communications concerning contributions.


  • Recognize contributions accounting rules under ASU 2018-08 and methods to train audit staff.
  • Identify contributions and exchange transactions for audit testing and testing of internal accounting controls.
  • Determine disclosures and communications required by an auditor regarding contributions.

Major Subjects:

How to audit nonprofit contributions and tell about it

Advanced Prep:


Misc. Information:

The Nonprofit Group generally meets every 1st Wednesday of the month (with some exceptions). All members are welcome and attendance at previous meetings is not a prerequisite. Free parking
Level of Difficulty:
Field of Interest:
Some knowledge of nonprofit accounting and financial statements preferred.
Designed For:
CPAs and other professionals working with nonprofit organizations


John D Morton, CPA
Jack established Morton & Associates in 1980. A native of Canada, he received his BS from the University of Alberta, his MS from the University of Calgary, and his Ph.D. from the University of Toronto. Jack completed his American tax and accounting education at Golden Gate University, and taught preparatory courses for the CPA exam while building the firm. He has more than 30 years of experience providing personalized tax and accounting services. Jack is a member of the American Institute of Certified Public Accountants and the California Society of CPAs. A recognized expert in accounting for non-profit organizations, Jack’s professional activities include or have included: Co-Chair of the Non-Profit Audit Committee of the Peninsula Chapter of the California Society of CPAs, and service as a Board Member of Community Skating Inc., the Palo Alto Recreation Foundation, and the Morrissey-Compton Educational Center. He has also served as a Board Member of the Palo Alto Chamber of Commerce and past Chairman of the United Way Audit Advisory Committee. Jack was a member of the Palo Alto City Council from 2002 to 2009, taking a frequent leadership role on the City Finance Committee, including two times as the Chair.
No Agenda or Materials posted.