IASB will publish SME exposure draft next week
10 Feb 2007
The IASB expects to release to its subscribers on Thursday 15 February 2007 the exposure draft of the International Financial Reporting Standard for Small and Medium-sized Entities (SMEs).
Printed copies will be available later. The English text of the document will be freely available on the IASB's Website from Monday 26 February 2007. Spanish, French, and German translations are expected in April 2007. The deadline for comments will be 1 October 2007. The ED will consist of three documents:
- Exposure Draft (organised by topic, 38 sections)
- Illustrative Financial Statements and Disclosure Checklist
- Basis for Conclusions
