Part A - Specific issues.
S1. Use by publicly traded entities - Are the scope requirements of the IFRS for SMEs currently too restrictive for publicly traded entities?
S2. Use by financial institutions - Are the scope requirements of the IFRS for SMEs currently too restrictive for financial institutions and similar entities?
S3. Clarification of use by not-for-profit (NFP) entities - Should the IFRS for SMEs be revised to clarify whether an NFP entity is eligible to use it?
S4. Consideration of recent changes to the consolidation guidance in full IFRSs - Should the changes introduced by IFRS 10 Consolidated Financial Statements (including agency relationships, 'de facto control' and potential voting rights) be considered for incorporation into the IFRS for SMEs, but modified as appropriate to reflect the needs of users of SME financial statements and cost-benefit considerations?
S5. Use of recognition and measurement provisions in full IFRSs for financial instruments - How should the current option to use IAS 39 Financial Instruments: Recognition and Measurement in the IFRS for SMEs be updated once IFRS 9 Financial Instruments has become effective?
S6. Guidance on fair value measurement for financial and non-financial items - Should the fair value guidance be expanded to reflect the principles in IFRS 13 Fair Value Measurement, modified as appropriate to reflect the needs of users of SME financial statements and the specific circumstances of SMEs (for example, it would take into account their often more limited access to markets, valuation expertise, and other cost-benefit considerations)?
S7. Positioning of fair value guidance in the Standard - Should the guidance be moved into a separate section?
S8. Consideration of recent changes to accounting for joint ventures in full IFRSs - Should the changes to joint venture accounting introduced by IFRS 11 Joint Arrangements be reflected in the IFRS for SMEs, modified as appropriate to reflect the needs of users of SME financial statements and cost-benefit considerations?
S9. Revaluation of property, plant and equipment (PPE) - Should an option to use the revaluation model for PPE be added to the IFRS for SMEs?
S10. Capitalisation of development costs - Should the IFRS for SMEs be changed to require capitalisation of development costs meeting criteria for capitalisation (on the basis of the criteria in IAS 38 Intangible Assets)?
S11. Amortisation period for goodwill and other intangible assets - Should the amortisation requirements be modified to state where the entity is unable to make a reliable estimate of the useful life of an intangible asset, the life shall be presumed to be ten years unless a shorter period can be justified?
S12. Consideration of changes to accounting for business combinations in full IFRSs - Should the business combination accounting requirements be amended to incorporate changes introduced by IFRS 3 Business Combinations (2008) (including expensing of acquisition costs, measurement of contingent consideration at fair value, and determination of goodwill based on a remeasurement of previously held interests and non-controlling interests), modified as appropriate to reflect the needs of users of SME financial statements and cost-benefit considerations?
S13. Presentation of share subscriptions receivable - Should the requirements be amended either to permit or require the presentation of the receivable as an asset?
S14. Capitalisation of borrowing costs on qualifying assets - Should the IFRS for SMEs be changed so that SMEs are required to capitalise borrowing costs that are directly attributable to the acquisition, construction or production of a qualifying asset, with all other borrowing costs recognised as an expense when incurred?
S15. Presentation of actuarial gains or losses - Should the option to recognise actuarial gains and losses in profit or loss be removed, to be consistent with IAS 19 Employee Benefits (revised 2011)?
S16. Approach for accounting for deferred income taxes - Should SMEs recognise deferred income taxes and, if so, how should they be recognised?
S17. Consideration of IAS 12 exemptions from recognising deferred taxes and other differences under IAS 12 - Should the IFRS for SMEs be revised to conform it to IAS 12 Income Taxes, modified as appropriate to reflect the needs of the users of SME financial statements?
S18. Rebuttable presumption that investment property at fair value is recovered through sale - Should the IFRS for SMEs incorporate a exemption similar to that introduced into IAS 12 for investment property at fair value?
S19. Inclusion of additional topics in the IFRS for SMEs - Are there any topics that are not specifically addressed in the IFRS for SMEs that should be covered?
S20. Other specific issues - Are there any additional issues to bring to the IASB’s attention on specific requirements in the sections of the IFRS for SMEs?
Part B - General issues.
G1. Consideration of minor improvements to full IFRSs - How should the IASB deal with such minor improvements, where the IFRS for SMEs is based on old wording from full IFRSs?
G2. Further need for Q&As - Should the current, limited programme for developing Q&As should continue after this comprehensive review is completed?
G3. Treatment of existing Q&As - Should the Q&As be incorporated into the IFRS for SMEs?
G4. Training material - Any comments on the IFRS Foundation’s IFRS for SMEs training material?
G5. Any further general issues - Any additional issues to bring to the IASB’s attention relating to the IFRS for SMEs?