ProLinks Webinars
Gain valuable knowledge and earn official continuing education credits from the comfort of your office. This benefit is offered at no cost to HFTP members. The nonmember registration fee is $50.00.
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Wednesday, April 24
1:00 - 2:00 PM Central Time
Co-hosted by HFTP and CMAA
Update on the Changing Accounting Standards & Revenue Recognition for Clubs
In 2018, the Club Management Association of America (CMAA) in conjunction with Hospitality Financial and Technology Professionals (HFTP) delayed the eighth edition of the Uniform System of Financial Reporting for Clubs due to pending changes in three key accounting standards and their potential impact on private clubs. The three accounting standards involve revenue recognition which may impact how a club reports initiation fees, Financial Statement Presentation of Not-for-Profit Entities, and the lease standard. In this webinar, representatives from the public accounting firms in the club space will provide an update on these changes and how they are likely to impact the presentation of a club’s audited financial statements.
Registration via the CMAA website will open approximately 1 week prior to the event.
CPE Accreditation - Group Internet Based – Live Webinars
Participants may obtain 1.2 CPE maintenance points and continuing professional education credit hours (CPEs) for various certification programs by attending each of HFTP’s Live Webinars.
Individual sessions are presented as an overview of the topics. No advanced preparation is required nor are there prerequisites required for attending any of the group live webinars. Courses presented via HFTP’s live webinars utilize a Group-Internet Based instructional method.