Genuine Learning Blog: INPAS Overview

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Get a quick overview of the International Nonprofit Accounting Standard (INPAS) and what it means for nonprofit organizations around the world. This episode highlights the main objectives, structure, and adoption process for NPAS.

  • The origins and purpose of INPAS, developed from IFR4NPO
  • Key objectives: improving financial reporting quality, transparency, and comparability for nonprofits
  • Which organizations can adopt INPAS and how it applies internationally
  • Main sections covered in INPAS, including guidance on grants, restricted funds, and narrative reporting
  • Details on the immediate effective date and upcoming comprehensive course from GLS

SCACPA is excited to partner with Galasso Learning Solutions and the Genuine Learning Blog for real-time A&A updates and answers for SCACPA members.

Alexandria Romero, CPA, is a seasoned professional with nearly two decades of expertise in governmental and nonprofit accounting. She plays a pivotal role in developing governmental training programs at Galasso Learning Solutions. Before joining the team, Alex honed her skills in various roles within the accounting field. Her engaging presentation style and passion for connecting with attendees have made her a sought-after educator, known for her ability to make complex topics accessible.

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