Why International Financial Reporting Guidance for NonProfit Orgs (IFR4NPO)?
Why International Financial Reporting Guidance for NonProfit Orgs (IFR4NPO)?:
Jan 29 2020 - 9:00am - Jan 29 2020 - 10:00am
Have you heard about Humentum's new project International Financial Reporting for Non Profit Organizations (IFR4NPO)? Are you interested in learning more about the project as well as why we're doing the work? This is the webinar for you!
The IFR4NPO initiative is a five-year project coordinated by Humentum and Chartered Institute of Public Finance and Accountancy (CIPFA) to develop the first ever NPO international financial reporting guidance, which can command support from the accounting community and NPOs, as well as the funders and regulators of NPOs.
IFR4NPO aims to bring clarity and consistency to the NPO sector which must win the trust of its many national and international stakeholders through consistent, high quality financial reporting. The initiative also endeavors to reduce the current burden and duplication of effort for both NPOs and funders in meeting multiple and, at times, conflicting financial reporting requirements.
This webinar will discuss:
- problems experienced on the ground by NPOs and funders
- trio initiatives and what IFR4NPO hopes to achieve
- survey results
- background information
- project design
- key scope questions
- project timeline
- how to be involved
Tim Boyes-Watson, Global Director, Alliances and Advocacy, Humentum
Sam Musoke, Project Director, IFR4NPO, Humentum
Karen Sanderson, Head of Programme, IFR4NPO, CIPFA