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An initiative to develop the world’s first internationally applicable financial reporting guidance for non-profit-organisations.
IFR4NPO Team
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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
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Have your say
INPAG ED3 was open for public comment until 16 September 2024.
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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
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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).
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See example NPO financial statements from around the world.
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Glossary
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Dear Stakeholders,

It’s great to reach out to you again for our November newsletter.

In previous newsletters, we have been talking about the ‘INPAG Exposure Draft 1’ being on the horizon. Well now, finally, it is just around the corner! It has been an intensely busy few weeks for the CIPFA team, finalising, editing, and proof reading to get ready to publish next week.

Did you know that every four years, thousands of accountants from all over the world gather for the World Congress of Accountants (WCOA)? It is nick-named ‘The Accounting Olympics’. We are delighted that the launch of the Exposure Draft will be announced by  Ian Carruthers, (Chair, CIPFA Standards) at WCOA in Mumbai, India on 20 November.

We hope that many of you will be keen to share your opinions during the consultation period, which will be open until 31 March 2023.  If so, please take a moment to let us know that you intend to submit a response, by clicking here.

Announcement!

Please look out for the email announcement of INPAG Exposure Draft 1 on 21 November. From Monday, you will be able to access:

  • The full Exposure Draft 1 text, including authoritative guidance with application guidance, the basis for conclusions and implementation guidance with illustrative examples, in English.
  • The ‘Invitation to Comment’, including a comprehensive summary, and specific questions for your feedback, in English.
  • A short introduction video, in English, French and Spanish
  • Explainer videos on the topics of ‘A Framework for INPAG’ and ‘Narrative reporting’ in English.

In the coming days and weeks, you can look forward to:

  • The ‘Invitation to Comment’, including a comprehensive summary, and specific questions for your feedback, in Spanish, French and Arabic.
  • The short introduction video additionally in Arabic
  • Explainer videos on the topics of ‘A Framework for INPAG’ and ‘Narrative reporting’ in Spanish, French and Arabic.
  • Two further explainer videos, on the topics of ‘Financial Statement Presentation’ and ‘Describing NPOs’, in English, Spanish, French and Arabic.

As these resources become available, we will share updates on our social media platforms.

 

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Webinars

Our upcoming series of webinars will address the four main topics covered in INPAG ED1, outlining the proposals, and with plenty of time for your questions and comments. Each webinar will be held in two time zones and will include pre-recorded video (available in English, Spanish, French and Arabic), polls, and question/comment and answer. Non-English engagement with real-time conversation will be facilitated using Microsoft Translator mobile phone app.

Upcoming Webinars

Country Events

We co-host online meetings with the project Country Champions all over the world to support engagement with the IFR4NPO project from stakeholders in particular countries or regions. You are welcome to join – please register by clicking the link to our events page below. You can also view the recordings and materials from previous events.

Upcoming Country Events

Past Events

  • IFR4NPO in Malawi – the future of non-profit financial reporting – 19 October 2022
  • IFR4NPO en Perú: el futuro de la información financiera de las OSFL – 4 de noviembre 2022
  • IFR4NPO en Panama: el futuro de la información financiera de las OSFL- 15 de noviembre 2022
Check out the events

I would particularly like to thank members of the TAG, PAG and Country Champions who have been supporting the translation of the resources into Spanish, French and Arabic, including Bill Beise, Fernando Cacatora, Jose Salas Avila, Mohamed Khlass, Pablo San-Matin, Ra’fat Bandak, and Rohat Zada. It is so important for us to reach and hear from stakeholders in Latin America, francophone Africa and North Africa / Middle East as well as those in anglophone regions.

Thanks for taking the time to read our news – I’d love to hear your comments or reactions.

Please follow us on LinkedIn and Twitter platforms to stay connected.

I look forward to connecting with you next month!

Samantha Musoke,

Project Director IFR4NPO

For the Project Team

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