Spanish translations of IFRS for SMEs Q&As
25 Jun 2012
The IASB has posted to its website Spanish translations of the four final questions and answers (Q&As) on the IFRS for SMEs published by the IASB's SME Implementation Group (SMEIG) in 2012.
Spanish translations of the three Q&As issued in 2011 were published in May 2012 which means that all seven Q&As published by SMEIG are now available in Spanish.
Q&As are non-mandatory guidance for implementing the IFRS for SMEs developed by SMEIG in the form of questions and answers (Q&As) and made publicly available to interested parties on a timely basis.
Currently, no new Q&As are being developed as the IASB has taken up a comprehensive review of the IFRS for SMEs that was formally launched at the June 2012 IASB meeting. This review will also consider whether the Q&As published so far will be integrated into the standard.
All Q&As can be accessed online (link to IASB website).
