Classification of expenses

Expenses are classified under headings on the statement of financial performance.

View this short video to find out more. Click on the video to view in full screen.

What is the issue?

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?

Deep dive

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.

Webinar resources

Click here to see webinar resources (slides and recordings) on this topic. The videos have sub-titles in French and Spanish.

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