SMEIG provides recommendations on IASB's IFRS for SMEs ED
28 Oct 2014
The SME Implementation Group (SMEIG) has issued a final report that outlines its recommendations to the IASB on questions concerning Exposure Draft (ED) ‘Proposed amendments to the IFRS for SMEs’.
In July 2014, three agenda papers were issued to guide the SMEIG in its development of this final report. The agenda papers covered (1) background information, (2) issues addressed by specific questions in the ED, and (3) other issues raised by respondents. The final report contains a summary of all substantive comments made by SMEIG members concerning the questions raised in the agenda papers.
The full report is available on the IASB’s website.