If someone donates their time, should this be recognised as income for the NPO? If it is, how should it be measured? Should only certain categories of services be recognised? Should there be disclosures about the number of people, hours and types of services donated? How might donated office space be treated? Will it impact an organisation’s indirect cost rate? If donated services are used to construct a building, how might the arising asset be valued for initial and subsequent measurement?
The Consultation Paper material for this topic is under development.
The TAG has discussed this topic, informed by a draft technical issue paper. To see what the TAG discussed, what they said about the draft technical paper and the advice and requests made of the project team,read the meeting papers and listen to the audio recordings
If you would like to contribute to the discussion in advance of the Consultation Paper, join the conversation.
