Rowing Club Chart of Accounts (COA) Mastery

What Will You Learn?

• Design and evaluate an ASC 958–compliant COA for rowing clubs
• Correctly distinguish membership dues, program fees, fundraising revenue, and donations
• Properly classify and track net assets with and without donor restrictions
• Record and release donor restrictions in accordance with GAAP
• Correctly capitalize, depreciate, and expense boats, shells, launches, and rowing equipment
• Accurately classify program expenses vs administrative expenses
• Apply sound accounting judgment to cash handling and internal control scenarios
• Identify and avoid common rowing-club audit and board findings