This guide is intended to work in conjunction with IFRS for SMEs. Not-for-profit organisations have a different operating model and objectives from profit-orientated entities, and this guide is intended to act as a companion to the International Reporting Standard while taking this into account.
ACCA intends it as a useful and reliable text to help those involved with financial reporting by not-for-profit entities, as well as international donors, national regulators and policymakers responsible for these matters.
