Home International Financial Reporting For Nonprofit Organizations

International Financial Reporting For Nonprofit Organizations

There is no international accounting standard written to meet the needs of the non-profits. A few developed nations have been able to strengthen their domestic sectors by developing national guidance to improve transparency, consistency and accountability. But lack of access to relevant standards contributes to inequity in NPO income and financial health, as well as causing wasteful duplication and inefficiency. The IFR4NPO project, implemented by Humentum and CIPFA, is addressing this gap.

Learn more

Led by Humentum and CIPFA, the Chartered Institute of Public Finance and Accountancy in the UK, the highly collaborative project design includes engagement with national standard setters and practitioners from every continent.

Evidence for demand for this guidance comes from a 2014 survey, in which 72% of respondents from 179 countries agreed that it would be useful. The International Accounting Standards Board and the International Public Sector Accounting Standards Board are aware and actively observing the development process.

Learn more about IFR4NPO


Project updates

INPAG Exposure Draft 2 was issued on 26 September, open for comments until 15 March 2024. We support many of the proposals. In the spirit of global collaboration and following feedback from our stakeholders, we also have some recommendations and suggestions to share, particularly with respect to accounting for grants.  We are publishing our summary response before the 15th of March deadline to provoke discussion and reflection!  

Whether you agree with our position(s) or have different views, please share your voice by visiting this page.

The summary of Humentum’s response can be viewed here.



Join our mailing list

Do you want to receive timely updates from us? Joining our mailing list is the best way to keep in touch with events, resources announcements, and relevant project updates.

Subscribe to our newsletter 

Our Initiatives

CHS Alliance and Humentum are strengthening the global capacity to respond to SEAH.
Helping organizations fully recover their indirect costs so they can focus on the work that matters.
An initiative to develop internationally applicable financial reporting guidance for non-profit organizations