This is the third and final exposure draft released by CIPFA and Humentum, which aims to address issues such as fund accounting, classification of expenses (including support costs and fundraising costs) and donor reporting formats for supplementary statements.

At present, there is no international accounting guidance for non-profit organisations.

INPAG addresses the crucial need for standardised financial reporting within the non-profit sector, an area that currently lacks specification.

It also aims to improve clarity and consistency of non-profit financial reports, resulting in greater credibility and trust in the not-for-profit sector globally.