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Regulation

CIPFA publishes final draft for International Non-Profit Accounting Guidance

The draft aims to address issues such as fund accounting, classification of expenses (including support costs and fundraising costs) and donor reporting formats

The Chartered Institute of Public Finance and Accountancy (CIPFA), together with Humentum, has published the third and final exposure draft of the world’s first-ever International Non-Profit Accounting Guidance (INPAG) for non-profit organisations.The draft aims to address issues such as fund accounting, classification of expenses (including support costs and fundraising costs) and donor reporting formats.

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