About
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About
An initiative to develop the world’s first internationally applicable financial reporting guidance for non-profit-organisations.
IFR4NPO Team
Meet the IFR4NPO Team: Governance Group, Secretariat, Advisors and Champions
Governance
Find out how IFR4NPO and INPAG are governed.
Funding
Who has funded the project so far? What’s the budget? What funding opportunities are there?
Contribute
Please get in touch here to explore funding and sponsorship opportunities.
INPAG
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Exposure Draft 3
INPAG Exposure Draft 3 will be open for public comment on 28 May 2024.
Exposure Draft 2
INPAG Exposure Draft 2 was open for public comment until 15 March 2024.
Exposure Draft 1
The first Exposure Draft of INPAG was open for public comments until 31 March 2023
Consultation Paper
View the Consultation Paper and the responses received
Have your say
Your opportunity to shape the future of financial reporting for non-profit organisations.
TAG Meetings
Technical Advisory Group meetings.
PAG Meetings
Practitioner Advisory Group meetings.
Community
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Supporters
This initiative is for the sector by the sector and wouldn’t be possible without the support and financial backing of stakeholders from around the globe.
Country Champions
The project's Country Champions engage influential stakeholders so that they contribute to the development process, and gain confidence to adopt or align to it.
Technical Advisory Group (TAG)
The TAG provides advice on the development of the guidance from a technical standard setting perspective.
Practitioner Advisory Group (PAG)
The PAG provides advice on the development of the guidance from a practitioner perspective.
Around The World
International Non-Profit Accounting Guidance (INPAG) needs to be relevant to the needs of stakeholders in different jurisdictions around the world.
Global Ambassadors
The project's Global Ambassadors seek support for the project objectives across their networks, provide feedback on key issues and promote the use of the Guidance.
Donor Reference Group
It consists of grantmakers, including bilateral and multilateral agencies as well as foundations and trusts.
Grant Agreement Clauses Working Group
It consists of grantmakers, including bilateral and multilateral agencies as well as foundations and trusts.
Events, News and Blogs
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Latest News
Events
Blogs
Resources
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Accounting and Reporting Issues
There are a number of sector specific accounting issues for non-profit organisations.
Financial Statements
See example NPO financial statements from around the world.
Non-English Resources
The IFR4NPO project aims to provide more content and resources in French, Spanish and Arabic to support greater engagement
FAQs
Frequently asked questions.
Reference Materials
Access a library of reference materials that have informed the development of the project.
Glossary
Glossary of terms.

Responses to Exposure Draft 2

View the responses submitted to Exposure Draft 2 - comment letters and surveys

Responses

Exposure Drafts are issued so that members of the public can share their views and provide feedback before final Guidance is issued.

International Non-Profit Accounting Guidance, Exposure Draft 2 was issued on 26 September 2023 and open for comments until 15 March 2024.

Comment letters

ED2 Comment letters, listed in order of submission:

  1. George Mahembe, Zimbabwe
  2. Jose Leonardo Milan, Venezuela
  3. Oumou Wane Toure, Senegal
  4. JP Magson accounting and auditing firm, Uganda
  5. Humentum, South Africa
  6. Jobra Kisaku, Uganda
  7. Mark Jerome, Vietnam
  8. The Institute of Certified Public Accountants of Rwanda (ICPAR)
  9. FAG Consulting, Nigeria
  10. The Institute of Certified Public Accountants of Uganda (ICPAU) comment letter and member survey summary
  11. Mo Chartered Accountants, Zimbabwe
  12. Centro Colombiano de derechos reprograficos – CDR, Colombia
  13. Carolyn Cordery, New Zealand
  14. CPA Australia and Chartered Accountants Australia & New Zealand
  15. Financial Reporting Council, United Kingdom
  16. RSM Audit firm, United Kingdom
  17. Empacta Ltd, Germany
  18. Bruno Diaz y Asociasos, Peru
  19. Nicodeme Adzra, France
  20. Australian Charities and Not-for-Profits Commission, Australia
  21. Standards and Practice Committee of the Georgian Federation of Professional Accountants and Auditors
  22. Georges Obeid, France
  23. Nato Agulashvili, Georgia
  24. Institute of Indonesia Chartered Accountants
  25. CEC AFSA Accounting and Audit firm, Senegal
  26. Pingwende Nathanaiel Congo, Burkina Faso
  27. SMS Latinoamerica Audit firm, Argentina
  28. Marcelo Guaman, Ecuador
  29. Statements of Membership Obligations Commission of the Board of Deans of the College of Public Accountants of Peru
  30. Gareth Morgan, United Kingdom
  31. Ersa Tri Wahyuni & Ken Paramitha Aryana, Indonesia
  32. Md Anwar Hossain Chowdhury, United States
  33. Accounting and Auditing Board Ethiopia, Ethiopia
  34. Blessing Adiwe, Nigeria
  35. Financial Reporting Council, Bangladesh
  36. Jose Hernandez, Venezuela
  37. South African Institute of Professional Accountants (SAIPA)
  38. Inyathelo – The South African Institute for Advancement
  39. Association: Club of Accountants and Auditors of Non-Profit Organizations, Russia
  40. MHA audit firm, UK
  41. David Hardidge, Australia
  42. Leslie Williams, Sierra Leone
  43. Group of Latin American Standard Setters
  44. Petro and Partners – Audit, Assurance and Advisory, Palestine
  45. Open Society Foundations, USA
  46. Normita Villaruz, Philippines
  47. The Institute of Chartered Accountants of India

Comment letters from organisations, listed in alphabetical order:

  • Accounting and Auditing Board Ethiopia (34)
  • Association: Club of Accountants and Auditors of Non-Profit Organizations, Russia (40)
  • Australian Charities and Not-for-Profits Commission (21)
  • Bruno Diaz y Asociasos, Peru (18)
  • CEC AFSA Accounting and Audit firm, Senegal (26)
  • Centro Colombiano de derechos reprograficos – CDR, Colombia (12)
  • CPA Australia and Chartered Accountants Australia & New Zealand  (14)
  • Empacta Ltd, Germany (17)
  • Fag Consulting, Nigeria (9)
  • Financial Reporting Council, Bangladesh (36)
  • Financial Reporting Council, UK (15)
  • Group of Latin American Standard Setters (44)
  • Humentum, South Africa (5)
  • Institute of Indonesia Chartered Accountants (25)
  • Inyathelo – The South African Institute for Advancement (39)
  • JP Magson accounting and auditing firm, Uganda (4)
  • MHA, UK (41)
  • Mo Chartered Accountants, Zimbabwe (11)
  • Open Society Foundations, USA (46)
  • Petro and Partners for Audit, Assurance and Advisory, Palestine (45)
  • RSM Audit firm, UK (16)
  • SMS Latinoamerica, Argentina (28)
  • South African Institute of Professional Accountants (SAIPA) (38)
  • Standards and Practice Committee of the Georgian Federation of Professional Accountants and Auditors (22)
  • Statements of Membership Obligations Commission of the Board of Deans of the College of Public Accountants of Peru (30)
  • The Institute of Certified Public Accountants of Rwanda (ICPAR) (8)
  • The Institute of Certified Public Accountants of Uganda (ICPAU) (10)
  • The Institute of Chartered Accountants of India (48)

Comment letters from individuals, listed in alphabetical order:

  • Blessing Adiwe, Nigeria (35)
  • Carolyn Cordery, New Zealand (13)
  • David Hardidge, Australia (42)
  • Ersa Tri Wahyuni & Ken Paramitha Aryana, Indonesia (32)
  • Gareth Morgan, UK (31)
  • George Mahembe, Zimbabwe (1)
  • Georges Obeid, France (23)
  • Jobra Kisaku, Uganda (6)
  • Jose Hernandez, Venezuela (37)
  • Jose Leonardo Milan, Venezuela (2)
  • Leslie Williams, Sierra Leone (43)
  • Marcelo Guaman, Ecuador (29)
  • Mark Jerome, Vietnam (7)
  • Md Anwar Hossain Chowdhury, USA (33)
  • Nato Agulashvili, Georgia (24)
  • Nicodeme Adzra, France (19)
  • Normita Villaruz, Philippines (47)
  • Oumou Wane Toure, Senegal (3)
  • Pingwende Nathanaiel  Congo, Burkina Faso (27)

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