New IFRS for SMEs training module
May 24, 2012
The IFRS Foundation Education Initiative has developed a training module for Section 31 of the IFRS for SMEs 'Hyperinflation'. This section establishes financial statement requirements for entities whose functional currency is the currency of a hyperinflation economy.
Ultimately, the IFRS for SMEs training material will include 35 stand-alone modules – one for each section of the IFRS for SMEs. Currently, 29 modules are available. Most are also available in Arabic, Russian, Spanish, and Turkish.