The accounting and reporting landscape for not-for-profit organizations continues to evolve, making it critical for CPAs, consultants, and not-for-profit leaders to stay informed on the latest standards and compliance requirements.
On October 15, 2026, Laurence Scot, CPA, MBA, Partner in the Audit and Accounting Department at Prager Metis, will present “Not-for-Profit Accounting & Reporting: A Refresher for CPAs and Consultants” through CPAacademy.org. The webinar will explore key accounting and reporting issues affecting not-for-profit organizations, including recent U.S. GAAP updates, donor restrictions, government grants, exchange transactions, and financial statement reporting requirements.
With more than 35 years of accounting experience, Laurence Scot is a nationally recognized not-for-profit accounting professional who has dedicated much of his career to serving local, national, and international not-for-profit organizations. He is the co-founder of a CPA firm that specializes in audit, consulting, tax, and advisory services for not-for-profit entities and is widely known as a speaker, educator, and author in the not-for-profit sector.
Laurence has authored two respected not-for-profit reference books, written numerous published articles, and spent decades teaching and presenting to not-for-profit stakeholders, CPAs, financial professionals, and organizational leaders. His practical approach helps organizations navigate complex accounting standards while strengthening financial reporting, compliance, and governance practices.
Participants will gain insights into:
• Unique accounting and reporting requirements for not-for-profit organizations
• Recent accounting standard updates affecting the not-for-profit sector
• Accounting for donor-restricted contributions and government grants
• Exchange transactions and revenue recognition considerations
• The distinctions between fiscal agents, fiscal sponsors, and donor-advised funds
Whether you advise not-for-profit organizations or work within one, this session offers practical guidance to help you navigate today’s not-for-profit accounting environment with confidence.
Register today.
