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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?
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INPAG
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Exposure Draft 3
INPAG Exposure Draft 3 was open for public comment until 16 September 2024.
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 comment until 31 March 2023
Consultation Paper
View the Consultation Paper and the responses received
Have your say
INPAG ED3 was open for public comment until 16 September 2024.
TAG Meetings
Technical Advisory Group meetings.
PAG Meetings
Practitioner Advisory Group meetings.
Community
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Support us!
Join the organisations and individuals advocating for efficiency, equity and accountability in non-profit financial reporting
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.
Around The World
International Non-Profit Accounting Guidance (INPAG) needs to be relevant to the needs of stakeholders in different jurisdictions around the world.
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.
Donor Reference Group
The Donor Reference Group consists of grantmakers, including bilateral and multilateral agencies as well as foundations and trusts.
Donor Statement of Support
Donors are taking INPAG and harmonisation of grant reporting seriously. Check the signatories to this statement of support.
Grant Agreement Clauses Working Group
It consists of grantmakers, including bilateral and multilateral agencies as well as foundations and trusts.
Events, News and Blogs
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Events
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Resources
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Accounting and Reporting Issues
There are a number of sector specific accounting issues for non-profit organisations, that are being addressed by International Non-Profit Accounting Guidance (INPAG).
Financial Statements
See example NPO financial statements from around the world.
Tools
Practical tools to support NPO accounting and reporting.
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.

Responses to Exposure Draft 3

View the responses submitted to Exposure Draft 3 - comment letters

Responses

Exposure Drafts are issued so that members of the public can share their views and provide feedback before final Guidance is issued.

International Non-Profit Accounting Guidance, Exposure Draft 3 was issued on 28 May 2024 and open for comments until 16 September 2024.

Comment letters

ED3 Comment letters, listed in order of submission:

    1. George Mahembe, Zimbabwe
    2. Fag Consulting, Nigeria
    3. Nigel Davies, United Kingdom
    4. Jose Leonardo Milan, Venezuela
    5. JP Magson, Uganda
    6. Mark Jerome, Vietnam
    7. Humentum, South Africa
    8. Arturo Garcia Godos Quijano, Peru
    9. Namatai Moyo, Zimbabwe
    10. Oredein Oluwaseun, Nigeria
    11. Mo Chartered Accountants, Zimbabwe
    12. Institute of Certified Public Accountants of Kenya (ICPAK)
    13. Percy Vilchez Olivares, Peru
    14. Institute of Certified Public Accountants of Uganda (ICPAU)
    15. International Centre for Diarrhoeal Disease Research, Bangladesh (icddr,b)
    16. Financial Reporting Council, United Kingdom
    17. North Carolina Association of Certified Public Accountants (NCACPA), United States
    18. Clare Sisson, United Kingdom
    19. Ãlvaro Fonseca Vivas, Colombia
    20. SMS Latinoamerica, Argentina
    21. Federación Argentina de Consejos Profesionales de Ciencias Económicas (FACPCE)
    22. Nato Agulashvili, Denmark
    23. Tshewang Penjor, Bhutan
    24. S. M. Tauhidul Islam, Bangladesh
    25. Infectious Diseases Institute, Uganda 
    26. Ifa Hanifia Senjiati, Indonesia
    27. Leslie Williams, Sierra Leone
    28. Masayuki Deguchi, Japan
    29. Gareth Morgan, United Kingdom
    30. Waker Khalid, Bangladesh
    31. Cordelia Thomas-Parsley, Jamaica
    32. CPA Australia and Chartered Accountants Australia & New Zealand (CAANZ)
    33. Meti Busha Gemechu, Ethiopia
    34. Institute of Indonesia Chartered Accountants (IICA)
    35. Auditing and Accounting Board of Ethiopia, (AABE)
    36. Target Business consultants plc, Ethiopia
    37. Kelemie Amare, Ethiopia
    38. Colegio de Contadores, Economistas y Administradores del Uruguay (CCEAU)
    39. Carolyn Cordery, New Zealand
    40. Foreign, Commonwealth & Development Office (FCDO), United Kingdom 
    41. Bages Petro, Palestine
    42. NETZ Partnership for Development and Justice, Bangladesh
    43. Barnabas Ayalew, Ethiopia
    44. Ersa Tri Wahyuni, Indonesia
    45. The Global Fund, Switzerland
    46. Edmond Vanderpuye, Ghana
    47. Financial Reporting Council, Bangladesh 
    48. WITH LAW, India
    49. The Oak Foundation, Switzerland 
    50. Group of Latin American Accounting Standard Setters (GLASS/GLENIF), Brazil
    51. Comisión de Normas de Contabilidad Financiera de Panamá (NOCOFIN)
    52. U.S. Agency for International Development (USAID)
    53. Diro Tafa, Ethiopia 
    54. David Hardidge, Austrailia
    55. Global Affairs Canada
    56. Save The Children, Humanitarian Surge Team, Bangladesh
    57. Donna Diedrick, Jamaica
    58. Empacta, Germany
    59. Audiramosconsult, Bolivia 
    60.  Institute of Chartered Accountants of India (ICAI)
    61. Open Society Foundations (OSF), Unites States
    62. European Funder*
    63. I61 Foundation, Mauritius

*Respondent 62 requested that their response was kept confidential.

Comment letters from organisations, listed in alphabetical order:

  • Audiramosconsult, Bolivia (59)
  • Auditing and Accounting Board of Ethiopia (AABE) (35)
  • CPA Australia and Chartered Accountants Australia & New Zealand (CAANZ) (32)
  • Colegio de Contadores, Economistas y Administradores del Uruguay (CCEAU) (38)
  • Comisión de Normas de Contabilidad Financiera de Panamá (NOCOFIN) (51)
  • Empacta, Germany (58)
  • Federación Argentina de Consejos Profesionales de Ciencias Económicas (FACPCE) (21)
  • Financial Reporting Council, Bangladesh (47)
  • Financial Reporting Council, United Kingdom (16)
  • Fag Consulting, Nigeria (2)
  • Foreign, Commonwealth & Development Office (FCDO), United Kingdom (40)
  • Humentum, South Africa (7)
  • Global Affairs Canada (55)
  • Group of Latin American Accounting Standard Setters (GLASS/GLENIF), Brazil (50)
  • I61 Foundation, Mauritius (63)
  • Institute of Chartered Accountants of India (ICAI) (60)
  • Infectious Diseases Institute, Uganda (25)
  • Institute of Certified Public Accountants of Kenya (ICPAK) (12)
  • Institute of Certified Public Accountants of Uganda (ICPAU) (14)
  • Institute of Indonesia Chartered Accountants, (IICA) (34)
  • International Centre for Diarrhoeal Disease Research, Bangladesh (icddr,b) (15)
  • JP Magson, Uganda (5)
  • Mo Chartered Accountants, Zimbabwe (11)
  • NETZ Partnership for Development and Justice, Bangladesh (42)
  • North Carolina Association of Certified Public Accountants (NCACPA), United States (17)
  • Open Society Foundations (OSF), United States (61)
  • Save The Children, Humanitarian Surge Team, Bangladesh (56)
  • SMS Latinoamerica, Argentina (20)
  • Target Business consultants plc, Ethiopia (36)
  • The Global Fund, Switzerland (45)
  • The Oak Foundation, Switzerland (49)
  • U.S. Agency for International Development (USAID) (52)
  • WITH LAW, India (48)

Comment letters from individuals, listed in alphabetical order:

  • Álvaro Fonseca Vivas, Colombia (19)
  • Barnabas Ayalew, Ethiopia (43)
  • Bages Petro, Palestine (41)
  • Carolyn Cordery, New Zealand (39)
  • Clare Sisson, United Kingdom (18)
  • Cordelia Thomas-Parsley, Jamaica (31)
  • David Hardidge, Australia (54)
  • Diro Tafa, Ethiopia (53)
  • Donna Diedrick, Jamaica (57)
  • Ersa Tri Wahyuni, Indonesia (44)
  • George Mahembe, Zimbabwe (1)
  • Gareth Morgan, United Kingdom (29)
  • Ifa Hanifia Senjiati, Indonesia (26)
  • Jose Leonardo Milan, Venezuela (4)
  • Kelemie Amare, Ethiopia (37)
  • Leslie Williams, Sierra Leone (27)
  • Mark Jerome, Vietnam (6)
  • Masayuki Deguchi, Japan (28)
  • Ethiopia Team, Ethiopia (33)
  • Nato Agulashvili, Denmark (22)
  • Namatai Moyo, Zimbabwe (9)
  • Nigel Davies, United Kingdom (3)
  • Oredein Oluwaseun, Nigeria (10)
  • Percy Vilchez Olivares, Peru (13)
  • S. M. Tauhidul Islam, Bangladesh (24)
  • Tshewang Penjor, Bhutan (23)
  • Waker Khalid, Bangladesh (30)

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