IASB announces optional response document for IFRS for SMEs Accounting Standard consultation
25 Oct, 2022
The IASB has announced an optional response document for stakeholders to submit feedback on the proposals to update the IFRS for SMEs Accounting Standards.
On 8 September 2022, the IASB issued ED/2022/1 Third edition of the IFRS for SMEs Accounting Standard, which suggests changes to all of the 35 sections, however, some of the changes are minor. Comments on IASB/ED/2022/1 are requested by 7 March 2023.
For more information, see the press release on the IFRS Foundation’s website.