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An initiative to develop the world’s first internationally applicable financial reporting guidance for non-profit-organisations.
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Meet the IFR4NPO Team: Steering Group, Secretariat, Advisors and Champions
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Find out how IFR4NPO and INPAG are governed.
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INPAG
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Exposure Draft 2
INPAG Exposure Draft 2 will be open for public comments from 26 September 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.
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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
The project's regions and focus countries have been identified to effectively target resources and engagement efforts.
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
The Donor Reference Group is chaired by Humentum. It consists of grantmakers, including bilateral and multilateral agencies as well as foundations and trusts.
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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.

Financial statement presentation

The financial statements can be presented in a way that highlights aspects that are most relevant for Non-profit organisations (NPOs) and their stakeholders

Accounting and Reporting Issues
Issue

This 2 minute video introduces the questions and issues relating to financial statement presentation.

What is the issue?

How can the presentation of financial statements help understanding of funds that have stipulations attached? How should different types of reserves be disclosed?  Can donor reporting requirements be supported?

 

 

 

 

Watch this 18-minute explainer video for an overview of the proposals in INPAG Exposure Draft 1. Click “watch on YouTube” to view the playlist for French and Spanish.

 

 

 

 

 

 

 

Explaining the proposals

This video explains the proposals relating to the financial statement presentation in International Non-Profit Accounting Guidance, Exposure Draft 1, as set out in Sections 3-8 and 10.

 

 

 

 

The journey so far

Initial ideas were set out in the Consultation Paper issued in January 2021, together with explanatory videos.  Part 2 Issue 7 of the Consultation Paper set out specific alternative approaches which were presented in a webinar in Aug 2021, before the consultation response period closed in Oct 21. The project’s feedback on the responses to Part 1 were shared in a webinar in Feb 22. During 2022, the Technical and Practitioner Advisory Groups (TAG and PAG) have reflected on the responses and given feedback on the development of draft guidance for inclusion in INPAG ED1.

You can access all the resources from this page with the most recent first. Some are available in Spanish (ES), French (FR) and Arabic (AR) as well as English.

Financial reporting challenges

Presentation of financial statements alternatives

  • Jan 21: 20 minute explainer video
  • Jan 21: IFR4NPO Consultation Paper Part 2: Issue paper 7 available – EN | ES

Join the conversation

To access the LinkedIn conversation on Financial statement presentation, click on the button below. This will take you to the post on LinkedIn where you can see the comments of others, make one of your own or ask a question on this topic.

Let us know which of the resources on this page have been most useful or interesting for you!

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