The project is developing International Non-Profit Accounting Guidance (INPAG)


INPAG will be a stand-alone Guidance so that preparers and auditors can find what they need in one place. Using the IFRS for SMEs as a starting point, changes will be made to address the prioritised non-profit issues.

The work quality, extensive consultation, and rigorous due-process mean that relevant bodies will be able to adopt INPAG as mandatory.

The application will be up to each jurisdiction in terms of which NPOs may be required or allowed to apply INPAG. The NPOs we have in mind during the development process need to track assets and liabilities and report on a range of transactions and activities to meet the needs of the users of their financial reports. Check out this video for more.

Watch this short animated video to learn more about who INPAG is for.

Roadmap for developing INPAG

The Guidance under development will be called International Non-Profit Accounting Guidance (INPAG). The ‘Exposure Draft’ is an early version of the Guidance that is released for public comment. It is being issued in 3 parts (ED1, 2 & 3), each followed by a 4-6 month consultation period.  ED1 closed for comments on 31 March 2023. ED2 is expected to be released in September 2023.

Objectives of INPAG

INPAG is being developed to meet 3 objectives, as explained by CIFPA Project Director Karen Sanderson in this video






Three phase process

The development process is similar to that used in international accounting standards, with input from advisors and stakeholders around the world. 

The Consultation Phase

The Consultation Phase involved the development of a Consultation Paper (Part 1 and Part 2) that was issued in January 2021. It articulated the issues and set out alternative approaches and questions. It closed for responses on 7 October 2021. Input from a range of stakeholders provides an evidence base for choices made in the drafting stage.

Click the button below to see the outcome of Part 1. 

The Drafting Phase

The ‘Exposure Draft’ is an early version of the Guidance that will be released for public comment. The Exposure Draft (ED) is being issued in 3 parts. ED1 was now open for public comment until 31 March 2023. ED2 is expected later in 2023.

Click the button below to view ED1

The Launch Phase

The Final Guidance will be issued taking account of the feedback from the Exposure Draft, ready for adoption by entities and jurisdictions.

Advisors to development process

The development process is guided by two groups of expert volunteer advisors: the Technical Advisory Group (TAG) and the Practitioner Advisory Group (PAG). You can see details of their roles, members and meetings below:

Technical Advisory Group – role & members  | meetings

Practitioner Advisory Group – role & members  | meetings

Donor Reference Group – member organisations and reports