About
Back
About
An initiative to develop the world’s first internationally applicable financial reporting guidance for non-profit-organisations.
IFR4NPO Team
Meet the IFR4NPO Team: Governance Group, Secretariat, Advisors and Champions
Governance
Find out how IFR4NPO and INPAG are governed.
Funding
Who has funded the project so far? What’s the budget? What funding opportunities are there?
Contribute
Please get in touch here to explore funding and sponsorship opportunities.
INPAG
Back
Exposure Draft 2
INPAG Exposure Draft 2 was open for public comment 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.
Community
Back
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
International Non-Profit Accounting Guidance (INPAG) needs to be relevant to the needs of stakeholders in different jurisdictions around the world.
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
It consists of grantmakers, including bilateral and multilateral agencies as well as foundations and trusts.
Grant Agreement Clauses Working Group
It consists of grantmakers, including bilateral and multilateral agencies as well as foundations and trusts.
Events, News and Blogs
Back
Latest News
Events
Blogs
Resources
Back
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.

Dear Stakeholders,

The countdown has begun! On March 31, we shall be closing the response period for the International Non-Profit Accounting Guidance Exposure Draft 1 (INPAG ED1).

Scroll down for links to resources, all conveniently in one place, and some short surveys.

I know, there are plenty of reasons to leave this to someone else! But be assured that your response will make a difference. The risk of NOT responding is that the INPAG goes ahead without your perspective.

 

Resources

Whether you are looking for a short read, long read, explainer videos, webinar resources or responses submitted to so far, we have something for you!

Surveys

If submitting a full detailed response feels beyond you, and you are sharing opinions on your own behalf as an individual, try out these surveys!

  • Survey 1 – Describing NPOs / reporting entity: 14 questions
  • Survey 2 – Concept and principles: 8 questions
  • Survey 3 – Finacial statement presentation: 16 questions
  • Survey 4 – Narrative reporting: 8 questions

All the surveys can be accessed in French and Spanish.

Blog Shared by IFAC

 

‘Few songs have been written in praise of accounting standards!’ Perhaps it’s best kept that way, but the immense benefits of harmonised reporting by non-profits are worth singing about….’

Check out Karen Sanderson’s easy-to-digest blog: ‘INPAG ED1 proposals in a nutshell’ which has been shared by the International Federation of Accountants on on the IFAC Gateway

View the blog here.

 

Advisory Group Meetings

Work continues as the Technical and Practitioner Advisory Groups meet to develop Exposure Drafts 2 & 3, due for release later this year.

  • TAG meeting 10 January 2023: grant expenses, revenue and INPAG ED 1 outreach.
  • TAG meeting 28 February 2023: revenue, expenditure on grants and donations, foreign currency transactions and non-prioritised topics.
  • PAG meeting 8 March 2022: Supplementary Statements, revenue and foreign currency translation.
  • TAG meeting 28 March 2023: Supplementary Statements and foreign currency illustrative examples.

 

Humentum News Section

Leading by example, Humentum has drafted a response to take into account the perspectives of members and stakeholders, and to expressly represent their theory of change and the long-term interests of NGOs in the Global South. Their published response can be found by clicking this link, and highlights here.

 

Thanks for taking the time to read our newsletter – I’d love to hear your comments or reactions. Please follow us on LinkedIn, Twitter and YouTube to stay connected. If you aren’t subscribed to our newsletter and would like to hear from us regularly, please click on the link to subscribe. 

Samantha Musoke,

IFR4NPO Project Director, Humentum.

ResourcesAccounting and Reporting IssuesFinancial Statements
About IFR4NPOIFR4NPO TeamNewsContact Us
Stay ConnectedFollow us on TwitterFollow us on LinkedInIFR4NPO Newsletter
Privacy Policy

Copyright 2024 IFR4NPO

Terms & ConditionsCookie Policy