IFR4NPO will develop INPAG

  • Deloitte document (mid gray) Image

14 Sep, 2022

International Financial Reporting for Non-Profit Organisations (IFR4NPO), an initiative to develop the first internationally applicable financial reporting guidance for non-profit organisations, has announce that its guidance will be called 'International Accounting Guidance for Not-for-Profit Organisations (INPAG)'.

INPAG will be a stand-alone guidance so that preparers and auditors can find what they need in one place. Using the IFRS for SMEs as a starting point, changes will be made to address the prioritized non-profit issues.

IFR4NPO has released a video explaining about INPAG and the vision behind them.

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.