I find interesting the handling of the topic especially because it will give a true identity to the NPOs, which are confused and managed as SMEs without doing a thorough research work and therefore these present financial statements based on their projects. We look forward to know the results by 2025.
@mershayirdaw28757 ай бұрын
Thank you
@joharris27058 ай бұрын
Thank you for this. It helped answer my questions around restricted grants and how they fit in. Our organisation receives a lot more restricted grants than EGAs and recognising work as it's done didn't seem to fit with the types of grants we receive, so I'm happy to learn that these would just be seen as OFAs.
@IFR4NPO8 ай бұрын
Thank you so much for your feedback. We are glad this answered your question. Would you like to respond to the The International Non-Profit Accounting Guidance Exposure Draft 2 (INPAG ED2) which closes soon? If yes, please visit the link (www.ifr4npo.org/have-your-say/) to submit your comment.
@williammufuka594310 ай бұрын
This is a move in the right direction, and will revolutionalise the accounting and reporting for Not for Profit Organizations.
@donboscoboyshome11 ай бұрын
Is it alright to give feedback that the sound in this video is soft? Needed to draw myself near the laptop in order to hear the words clearly. Thank you(By Gesica)
@IFR4NPO10 ай бұрын
Thank you for the feedback. We will improve on this.
@afonsecav11 ай бұрын
Excelent
@afonsecav11 ай бұрын
Excelent.
@genevievestark11 ай бұрын
👌 *promosm*
@abdimohamed355 Жыл бұрын
highly educative awesome
@afonsecav Жыл бұрын
Excelent
@nazhlyescalona Жыл бұрын
Excelente contenido, desde Venezuela saludos Nazhly Teresa Escalona M. Contador Público Colegiado
@antoniodayag2795 Жыл бұрын
Thanks for the information and also try to revisit again some concerns about the NPO.
@afonsecav Жыл бұрын
Interesante el tema.
@florrojas1012 Жыл бұрын
muy buena presentación
@florrojas1012 Жыл бұрын
Muy buena la explicación de la presentación de los EEFF
@florrojas1012 Жыл бұрын
Excelente muy descriptiva y fácil de entender tomando en cuenta las características de juicio del personal involucrado en las OSFL
@florrojas1012 Жыл бұрын
Muy claras las características de identificación de una OSFL
@florrojas1012 Жыл бұрын
muy buena presentación clara concisa y completa en sus definiciones.
@afonsecav Жыл бұрын
Interesante la información pero hacen falta otros aspectos a informar por la OSFL
@afonsecav Жыл бұрын
Congratulation for you information.
@afonsecav Жыл бұрын
Me gusta la parte conceptual y hacen falta algunos aspectos relacionados a su objeto social.
@afonsecav Жыл бұрын
Me parece bien la parte conceptual faltan algunos aspectos mas para este tipo de entidades.
@afonsecav Жыл бұрын
Me aparece bien la parte conceptual.
@donamaranathapadonou9690 Жыл бұрын
How are donations in-kind inventories to be recorded with INPAG?
@IFR4NPO Жыл бұрын
@donamaranathapadonou9690 Thanks for your question. Income recognition will be covered in Exposure Draft 2, due for release in June 2023. In ED1 we are just looking at the overall shape and structure of the financial statements. Thanks
@donamaranathapadonou9690 Жыл бұрын
This is an excellent advancement on the case of Non Profit Organizations. Next step will be also describing level of details of expenditures and chart of accounts
@afonsecav Жыл бұрын
Muy buena la información para los reportes que se deben presentar las instituciones sin animo de lucro que no le es exigidos los aspectos de sostenibilidad y la responsabilidad que esta tiene con respecto al cambio climático.
@jimenamontes8447 Жыл бұрын
Espectacular Proyecto.
@gallagherneylon6966 Жыл бұрын
🅿🆁🅾🅼🅾🆂🅼 🤷
@afonsecav Жыл бұрын
Interesante y gracias por la información en el webinar de los reportes y que esto no quede solo en estas conferencias que se realicen memorias y se socialicen a los que estuvimos cerca de ustedes e este encuentro y para el siguiente encuentro.
@IFR4NPO Жыл бұрын
De nada. Nos alegra que haya disfrutado viendo los recursos. Esperamos compartir más información adicional en sesiones posteriores.
@fcatacora12 жыл бұрын
This is the next great wave for accounting profession worldwide !!!
@nicodemeadzra46282 жыл бұрын
Great work. We need this guidance
@zwimasukuma2 жыл бұрын
Great work!
@724Willie2 жыл бұрын
This is a awesome initiative and can't for the Launch
@abdimohamed3552 жыл бұрын
this is quite interesting
@AlbertSMola2 жыл бұрын
This is a great initiative. By any chance will you also review IPSAS - for any areas that could benefit INPAG?
@IFR4NPO2 жыл бұрын
Yes, with IFRS for SME as framework we will look to full IFRS, IPSAS and national NPO guidance to fill gaps as needed, rather than re-invent the wheel.
@agnesadrupio82882 жыл бұрын
This is a good suggestion
@namataimoyo42012 жыл бұрын
This is a great start!
@richardtseka10312 жыл бұрын
I have liked this idea, even the name INPAG
@areejsakka91312 жыл бұрын
Great Job
@coreyparks89592 жыл бұрын
😍 𝓅𝓇o𝓂o𝓈𝓂
@abdimohamed3552 жыл бұрын
this is great milestone financial reporting
@abdulazizhamo66492 жыл бұрын
I think the term of "Statement of Activities" is more compatible and meaningful for the NPOs rather than the term of "Statement of Financial Performance"
@IFR4NPO2 жыл бұрын
Thanks Abdulaziz. We will be discussing the range of views on this at our next PAG and TAG meetings!
@abdulazizhamo66492 жыл бұрын
@@IFR4NPO Pleasure
@fcatacora13 жыл бұрын
Esta es una iniciativa que tendrá un impacto muy grande, yo las llamaría las NIIF de las Entidades sin Fines de Lucro
@SamMusoke3 жыл бұрын
Visit www.ifr4npo.org/consultation-paper for more information, including the Executive Summary in French.
@SamMusoke3 жыл бұрын
So exciting to have reached this great milestone
@alfredbrianagaba3 жыл бұрын
Well done Sam. Light at the end.
@fitzpatrickkapepe90373 жыл бұрын
Great Efforts and a must do project
@muvaffaksabbag48683 жыл бұрын
Thank you so much
@mackeywadud51584 жыл бұрын
Wow very nice system for maintain Accounting process in transparently.good initiative