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IFAC Board highlights need for IFRSs for SME

  • IFAC (International Federation of Accountants) (lt gray) Image

22 Mar 2005

At its meeting last week, the Board of the International Federation of Accountants (IFAC) agreed to launch new initiatives to meet the needs of developing nations, including reinforcement of the need for International Financial Reporting Standards that can be effectively implemented for developing nations, particularly by SMEs.

Click for Press Release (PDF 70k).

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