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SMEIG begins recommendation process for the IASB's IFRS for SMEs ED

  • IFRS for SMEs (mid blue) Image

23 Jul 2014

The SME Implementation Group (SMEIG) has initiated a process to develop a report that will detail its recommendations on the IASB’s Exposure Draft (ED) ‘Proposed amendments to the IFRS for SMEs’. The report will consider feedback from respondents and individual SMEIG members.

To guide the process along, the SMEIG has issued three agenda papers, which will cover (1) background information, (2) issues addressed by specific questions in the ED, and (3) other issues raised by respondents.

The SMEIG plans to collect all responses from its members by 8 September. The responses will be combined into a single report and, when finalised, it will be sent to the IASB for consideration when redeliberations on the ED begin.

For more information, see the press release, including the agenda papers, on the IASB’s website.

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