INPAG Exposure draft 3 will cover the topic of classification of expenses.

We are keen to consult with a range of preparers and users of financial statements on this issue.  We held a one-hour focus group to explore:

• potential approach to analysis methods (nature, function, mixed); and
• mandatory disclosures that may be needed regardless of approach (e.g. expenditure of key management personnel, total expenditure on support activities).

The focus group discussion was in English, for 60 minutes on Wednesday 16 August 2023, at 12pm (noon) 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:

• Senior finance staff of small, medium or large NPOs (not micro entities / CBOs)
• eg NNGOs, INGOs, providers of health or education services, non-profit social enterprises (ie that may not distribute profits to owners).
• Readers of NPO financial statements, such as funders and potential funders, regulators, tax authorities, and civil society representatives.
• Auditors and consultants to such NPOs