SMEIG will begin discussing responses to the SME Request for Information in February 2013

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25 Sep, 2012

The IASB has announced that the first meeting of the SME Implementation Group (SMEIG) will take place on 4 and 5 February 2013.

The objective of the meeting is for the SMEIG to discuss public responses to the Request for Information: Comprehensive Review of the IFRS for SMEs published in June 2012 and to develop a list of specific recommendations to the IASB for amendments to the IFRS for SMEs.

The Request for Information adresses to areas of possible improvements:

  • Part A contains specific questions on particular sections of the IFRS for SMEs for respondents. These issues have been frequently raised by interested parties. Respondents are also invited to raise any other specific issues they may have relating to possible changes to particular sections of the IFRS for SMEs.
  • Part B contains general questions about the IFRS for SMEs. Respondents are invited to raise any other general issues they may have relating to possible changes to the IFRS for SMEs.

The deadline for public responses to the Request for Information is 30 November 2012.

Please click for IASB press release announcing the first meeting of the SMEIG (link to IASB website)

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