INPAG Exposure draft 3 will cover the topic of fund accounting, ie the presentation of income, expenditure and net assets, with and without restrictions.

We are keen to consult with a selection of preparers and users of financial statements on this issue.  We will therefore be holding a one-hour focus group to explore:

• The definition of ‘funds with restrictions’ and ‘funds without restrictions’ – this is particularly relevant in the context of a spectrum of restriction levels that can be applied to how resources provided to an NPO can be used, and the proposed requirement to classify them into binary presentation choices
• Presentation and disclosure options

The focus group discussion will be in English, for 60 minutes on Thursday 07 September 2023, at 12pm (noon) UTC / GMT.

Invited stakeholders from the following groups of users (and preparers) of NPO financial statements.

• Funders and potential funders
• Regulators
• Tax authorities
• Civil society representatives
• Clients / service users / beneficiaries of NPOs
• NPO Board members / Directors / Trustees
• Senior finance staff of small, medium or large NPOs (not micro entities / CBOs)
• Auditors and consultants to such NPOs

To request an invitation, please click on the form below.