The SME Implementation Group (SMEIG), which assists the International Accounting Standards Board, has published draft questions and answers (Q&As) on the application of the IFRS for SMEs Standard.
The Q&As provide non-mandatory guidance on specific accounting questions about applying the standard. During the 2019 Comprehensive Review of the IFRS for SMEs Standard, the IASB will consider the Q&As developed since the issue of the 2015 amendments to the IFRS for SMEs Standard and determine whether to incorporate the responses.
Comments are requested by 7 October 2019.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData