Uganda's non-profit sector is about to get a new financial reporting framework. The Institute of Certified Public Accountants of Uganda (ICPAU) has adopted the International Non-Profit Accounting Standard (INPAS), the first international accrual-based standard written specifically for non-profit organisations. The adoption was announced at the 31st ICPAU Annual Seminar in September 2026.
Published by the International Non-Profit Reporting Foundation in October 2025, INPAS is built on the third edition of the IFRS for SMEs and draws on IFRS and IPSAS where non-profits need more. It is standalone and brings financial statements, a narrative report and harmonised grant reporting into one framework. For many NGOs and foundations, that could replace a patchwork of donor-specific formats.
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