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An initiative to develop the world’s first internationally applicable financial reporting guidance for non-profit-organisations.
IFR4NPO Team
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The project is governed by a Steering Group.
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INPAG
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Exposure Draft 1
The first Exposure Draft of INPAG was open for public comments until 31 March 2023
Have your say
Your opportunity to shape the future of financial reporting for non-profit organisations.
ED1 Responses
View the responses and comment letters received
TAG Meetings
Technical Advisory Group meetings.
PAG Meetings
Practitioner Advisory Group meetings.
Consultation Paper
View the Consultation Paper and the responses received
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
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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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.

Grant expenses

Grants are made by non-profit organisations (NPOs) to other NPOs and service recipients.

Accounting and Reporting Issues
Issue

What is the issue?

When NPOs make grants, when should the expense be recognised, particularly if the grantee has to meet certain criteria to be entitled to it? When does a promise create a liability?

Find out about IFR4NPO’s upcoming free webinar exploring this issue here.

Watch this explanatory video to find out more. Click on the video to view in full screen.

Deep dive

To get a more in depth understanding of our thinking about grant expenses read the IFR4NPO Consultation Paper Part 2: Issue 4 available here.

Shape the future, share your voice

Keep in touch

Webinar resources

Check out these video extracts from our webinar on Grant expenses, and view all the resources here.

Financial reporting challenges
Grant expenses alternatives
ResourcesAccounting and Reporting IssuesFinancial Statements
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