11
July 2024
UTC / GMT
11:00 - 12:00

Fund accounting – Proposals in INPAG ED3

Event Overview

The free online event held in English with resources in French and Spanish.

This webinar covered the proposals for fund accounting in International Non-Profit Accounting Guidance Exposure Draft 3 (INPAG). This is relevant because:

  • Separate tracking of restricted income and how it is spent, facilitates accountability for funds given for specific purposes
  • Transparency about unrestricted income and how it is spent, builds confidence for funders to give unrestricted funding
  • Visibility about unrestricted fund balances and reserves, allows readers to assess financial sustainability

The participants learnt more about:

  • Fund accounting
  • Types of funds defined in INPAG
  • How are transactions and balances presented in the financial statements and notes?

Resources shared

 

INPAG and Donor reporting – Proposals in ED3

Other topics in INPAG ED3