Exposure Draft 1

INPAG Exposure Draft 1 is open for public comment until 31 March 2023

Overview

View this short video for an overview of the structure and key topics addressed in International Non-Profit Accounting Guidance, Exposure Draft 1 (INPAG ED1).

 

 

 

 

Click here to view in English, or see the playlist for versions in Spanish and French (Arabic coming soon)

View Exposure Draft 1

Click the links to download pdf copies. 

Translation

The IFR4NPO Project is keen to hear feedback from relevant stakeholders, not limited to those who are fluent in English. Regrettably we are not in a position to provide the full Exposure Draft text in languages other than English at this time. The reasons relate to i) the Licensing agreements in place ii) the availability of official translations of source text from other standards, iii) availability of resources, and iv) the capacity of the project team to check translations, while also developing material in English for Exposure Drafts 2 and 3, due for release in 2023.

Please also note that licensing arrangements between CIPFA, the IFRS Foundation and IFAC for the use of content from IFRS and IPSAS standards, mean that individuals or organisations may not publish their own unofficial translations, as it would be in breach of copyright.

To mitigate these challenges, the project is working to provide the following resources in Spanish, French and Arabic

  1. A short video providing an overview of the Exposure Draft
  2. A translation of the Invitation to Comment, including a comprehensive summary and the questions
  3. Explainer videos covering the key proposals relating to:
    • Describing NPOs / Reporting Entity
    • INPAG Framework
    • Financial statement presentation
    • Narrative reporting

We aim to provide all these resources before the close of 2022. We are also holding webinars on the above four topics, which will support typed Question and Answer in Spanish, French and Arabic, in January 2023.

Exploring the topics

There are four key topics addressed in ED1, follow the links to see resources.

Webinars

We will hold free webinars on each of the four topics addressed in ED1 in January 2023, held in different time zones and supporting participation in English, Spanish, French and Arabic. Please secure your place by registering today.

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