ICAS comments on the development of international financial reporting guidance for NPOs City Talk ICAS’ Charities Panel has responded to part 1 of a major consultation on the development of international financial reporting guidance for not-for profit organisations (NPOs). ICAS broadly welcomes plans to base international financial reporting guidance for NPOs on the IASB’s International Financial Reporting Standard for Small and Medium-sized Entities (the IFRS for SMEs). Nevertheless, the ICAS [...]
