An ‘Exposure Draft’ is proposed text for the Guidance, shared for public comment and feedback. This short video provides an overview of the structure and key topics addressed in International Non-Profit Accounting Guidance, Exposure Draft 2 (INPAG ED2).
Click here to view in English, or click ‘Youtube’ to see the playlist for versions in Spanish and French.
Download all or part of Exposure Draft 2 as pdf files, using the links below.
We received 161 responses from diverse stakeholders in 58 countries. 47 comment letters were submitted (from 28 organisations and 19 individuals), as well as114 surveys.
We held free webinars on each of the four topics addressed in Exposure Draft 2 in November 2023 with support in English, Spanish, and French.
View the event resources below.
Access explainer videos from our YouTube channel here:
The IFR4NPO Project is keen to hear feedback from relevant stakeholders, not limited to those who are fluent in English. Regrettably we are not in a position to provide the full Exposure Draft text in languages other than English at this time. The reasons relate to i) the Licensing agreements in place ii) the availability of official translations of source text from other standards, iii) availability of resources, and iv) the capacity of the project team to check translations, while also developing material in English for Exposure Drafts 2 and 3, due for release in 2024.
Please also note that licensing arrangements between CIPFA, the IFRS Foundation and IFAC for the use of content from IFRS and IPSAS standards, mean that individuals or organisations may not publish their own unofficial translations, as it would be in breach of copyright.
To mitigate these challenges, the project has provided the following resources in Spanish and French, which will be added in the coming weeks.
A team of Spanish and French speaking accountants have volunteered their services to support the project in these translation efforts, and we are truly grateful. It is possible that some translation errors or inconsistencies may arise in our materials or communications, for which we apologise.
