This video based course offers nonprofit professionals a detailed exploration of how to apply U.S. GAAP when faced with uncertainty surrounding federal grants and contracts. You'll examine the implications of changing grant terms, Executive Orders, and federal agency directives on revenue recognition, receivables, and contingency disclosures. The course covers the proper classification of awards as contributions or exchange transactions, and how to determine whether grants are conditional. You'll also learn how to assess credit losses, evaluate going concern risks, and apply disclosure standards. Real-world guidance helps ensure transparency and financial integrity in a rapidly evolving regulatory climate.