INPAG Exposure draft 2 will cover the topic of foreign exchange translation, including the impact of exchange rate losses in relation to grant arrangements. In relation to this topic we held a one-hour focus group to explore:
- The illustrative examples proposed for the implementation guidance
- The approach to presenting and disclosing exchange rate gains and losses relating to grant arrangements
We consulted with a range of stakeholders on this issue. The focus group discussion was in English, for 60 minutes on Thursday 25 May 2023, at 11am UTC / GMT.
Any stakeholder, in any part of the world with interest in this topic is welcome, but we are most keen to hear from:
- NPOs in receipt of grant funding in foreign currencies
- Auditors of grant receiving NPOs
- Grant makers who make grants in a currency that is ‘foreign’ for grantee NPOs
We will be holding similar events on different topics in the future. If you would like to be considered for an invitation, please fill out the form on the button below.