New Online Platform – Understanding International Not-for-Profit Reporting

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Oct 04, 2017

On October 4, 2017, the Accounting Standards Board (AcSB) issued a press release on the publically-accessible online platform that hosts national guidance on not-for-profit financial reporting was released last week by the Chartered Institute of Public Finance and Accountancy (CIPFA).

This new platform will help countries learn from one another to develop high-quality not-for-profit standards and help to improve understanding of different financial reporting methods for not-for-profit organizations around the world. It brings together information on national guidance in one place.

The platform was developed for the International Forum of Accounting Standard Setters (IFASS) Not-for-Profit Working Group, of which the AcSB is a member.

Review the press release on the AcSB's website and the new platform on the CIPFA's website.

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