Information about expenses supports stewardship and accountability. But analysing expenses in multiple ways for different users creates a burden for NPOs. Should NPO expense analysis have a standard format? If so, should expenses be summarized by nature or by function?
To get a more in depth understanding of our thinking about the classification of expenses read the IFR4NPO Consultation Paper Part 2: Issue paper 8 available here.
Click here to see webinar resources (slides and recordings) on this topic. The videos have sub-titles in French and Spanish.