What principles are needed for recognising, measuring and disclosing non-exchange income, provided without direct value to the contributor eg donations, grants, assets and services? What if the resource can only be used for specific purposes?
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To get a more in depth understanding of our thinking about different sources of revenue including cash contributions, gifts in-kind and services in-kind read the IFR4NPO Consultation Paper Part 2: Issue 3 available here.
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