PAYGo PERFORM KPIs – Launch of the PAYGoPERFORM Accounting Brief

The proliferation of accounting practices across PAYGo firms emerged as an important topic during the PAYGo PERFORM initiative–the different practices used could produce substantial impacts on the calculation of the PERFORM key performance indicators (KPIs), and in turn make comparison of the KPIs across companies more difficult. To help address this, IFC Lighting Global and GOGLA commissioned MFR to produce a review of accounting practices in the PAYGo sector, with the goal of increasing awareness and transparency of the different accounting treatments used in PAYGo firms and their impact on financial reporting.

 Interested in learning more?

• Here a blog post introducing the Accounting Brief: https://www.findevgateway.org/blog/2021/10/demystifying-paygo-solar-accounting
• Join our Lucia Spaggiari, GOGLA and IFC Lightinh on November 16 at 3:00 pm CET  when the Accounting Brief will officially be launched . The webinar will introduce the participants to the brief, share an overview of the accounting policies used by PAYGo solar companies, and review the impacts this can have on financial reporting and the PERFORM KPIs, using data collected from a group of PAYGo companies that devoted valuable time to share their practices.