About
Back
About
An initiative to develop the world’s first internationally applicable financial reporting guidance for non-profit-organisations.
IFR4NPO Team
Meet the IFR4NPO Team: Governance Group, Secretariat, Advisors and Champions
Governance
Find out how IFR4NPO and INPAG are governed.
Funding
Who has funded the project so far? What’s the budget? What funding opportunities are there?
Contribute
Please get in touch here to explore funding and sponsorship opportunities.
INPAG
Back
Exposure Draft 2
INPAG Exposure Draft 2 was open for public comment until 15 March 2024.
Exposure Draft 1
The first Exposure Draft of INPAG was open for public comments until 31 March 2023
Consultation Paper
View the Consultation Paper and the responses received
Have your say
Your opportunity to shape the future of financial reporting for non-profit organisations.
TAG Meetings
Technical Advisory Group meetings.
PAG Meetings
Practitioner Advisory Group meetings.
Community
Back
Supporters
This initiative is for the sector by the sector and wouldn’t be possible without the support and financial backing of stakeholders from around the globe.
Country Champions
The project's Country Champions engage influential stakeholders so that they contribute to the development process, and gain confidence to adopt or align to it.
Technical Advisory Group (TAG)
The TAG provides advice on the development of the guidance from a technical standard setting perspective.
Practitioner Advisory Group (PAG)
The PAG provides advice on the development of the guidance from a practitioner perspective.
Around The World
International Non-Profit Accounting Guidance (INPAG) needs to be relevant to the needs of stakeholders in different jurisdictions around the world.
Global Ambassadors
The project's Global Ambassadors seek support for the project objectives across their networks, provide feedback on key issues and promote the use of the Guidance.
Donor Reference Group
It consists of grantmakers, including bilateral and multilateral agencies as well as foundations and trusts.
Grant Agreement Clauses Working Group
It consists of grantmakers, including bilateral and multilateral agencies as well as foundations and trusts.
Events, News and Blogs
Back
Latest News
Events
Blogs
Resources
Back
Accounting and Reporting Issues
There are a number of sector specific accounting issues for non-profit organisations.
Financial Statements
See example NPO financial statements from around the world.
Non-English Resources
The IFR4NPO project aims to provide more content and resources in French, Spanish and Arabic to support greater engagement
FAQs
Frequently asked questions.
Reference Materials
Access a library of reference materials that have informed the development of the project.
Glossary
Glossary of terms.
Country Champions
Country

Malawi

“I am excited to be part of the IFR4NPO to share the best practices experienced in my career as well as looking forward to expanding my skills and knowledge to areas that are beyond my career boundaries. I look forward to have a level ground acceptable by all stakeholders in NPO sector financial reporting.”

Country Champion

Owen Chitete

Senior Finance, Grants and Operations Manager at CARE International Malawi.

chiteteowen@gmail.com

linkedin logohttps://www.linkedin.com/in/owen-chitete-mba-ca-m-844111ab/

Mr. Owen Chitete is an Accounting, Finance, Administrative, and Grants Project Management expert and trainer with over seventeen years of progressive experience. Mr Chitete has worked with and supported various NGOs in Malawi in building financial and grants management capabilities.

Over the past 4 years, Owen has worked and collaborated with Humentum, Niras, and GOPA Worldwide Consultant in supporting various NGOs and companies in the area of financial management capacity assessment, capacity building, and financial sustainability strategies development and governance respectively. Of late, Owen played a part in the IFR4NPO consultation process.

Prior to freelance financial management consulting, Owen also served in managerial positions at Malawi Government-owned National Oil Company of Malawi (NOCMA) Limited, World Vision International – Malawi office, Jhpiego Corporations. In these organizations, Owen managed USAID, DoD, PEPFER, and GIZ-funded projects.

Owen is a Chartered Accountant in Malawi and holder of Masters in Business Administration.

“The IFR4NPO project represents an incredible opportunity to make a positive impact on the nonprofit sector in our country. By adopting International Financial Reporting standards tailored for the nonprofit organizations, we can enhance transparency, accountability, and efficiency in our sector. This project’s dedication to promoting financial best practices will undoubtedly empower NGOs to better serve their missions and the communities they support. I look forward to working closely with the IFR4NPO team and fellow champions to drive meaningful change, foster collaboration, and create a stronger and more sustainable nonprofit landscape in Malawi.”

Deputy

Emmanuel Nyirenda

Finance Manager, Imagine Worldwide

ResourcesAccounting and Reporting IssuesFinancial Statements
About IFR4NPOIFR4NPO TeamNewsContact Us
Stay ConnectedFollow us on TwitterFollow us on LinkedInIFR4NPO Newsletter
Privacy Policy

Copyright 2024 IFR4NPO

Terms & ConditionsCookie Policy