This event is part of our series of events taking a closer look at accounting and reporting issues specific to the non-profit sector as outlined in Part 2 of the Consultation Paper issued on 28 January.
The event is free and online in English.
The same event will be run in three sessions at time slots convenient for stakeholders in different regions and time zones. You can see the times of the sessions in the boxes opposite. Participants are welcome to attend any of the sessions.
Who should attend?
What topics will be discussed?
We will be addressing these two topics:
1. Non-exchange revenue
Non-profit organisations (NPOs) often receive resources such as cash contributions or grants, donations of physical items or services, and volunteer time. What principles are needed for recognizing, measuring and disclosing non-exchange income, provided without direct value to the contributor eg donations, grants, assets and services? What if the resource can only be used for specific purposes?
2. Inventory held for use or distribution
To deliver services, inventory can be provided to and held by non-profit organisations (NPOs) for their own use or to pass on to service recipients. How should low value, high volume inventory, such as donated items for re-sale be treated? How about donated or purchased inventory such as pharmaceuticals close to their ‘use by’ date and potentially not usable?
Here are additional resources and videos relating to Revenue and Inventory.
Closed captions: automated closed captioning will be activated in English.
Translation: we have the technical capability to add separate audio channels for simultaneous translation into different languages. We do not, however, have funding or contacts to engage translators. If you would like to discuss how the event might be translated into your language, please contact email@example.com.
Sign language: If you would like to provide a sign language interpreter, we can ensure the interpreter’s camera is visible alongside the presenter.
Presentation file: if you would like to receive the presentation file in advance, please contact firstname.lastname@example.org.
Please contact email@example.com in case of any query.