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.
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!
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!
All the surveys can be accessed in French and Spanish.
‘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.
Work continues as the Technical and Practitioner Advisory Groups meet to develop Exposure Drafts 2 & 3, due for release later this year.
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.
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Samantha Musoke,
IFR4NPO Project Director, Humentum.
