IFRS Foundation issues “Debrief” on the IFRS for SMEs
07 Feb 2017
The IFRS Foundation has issued a new Debrief series video on the IFRS for Small and Medium-Sized Entities (IFRS for SMEs). The video features IASB Board member Darrel Scott as he provides an overview of the background to the standard.
Topics discussed in the five minute video include:
- Why do smaller businesses have different needs?
- How does the IFRS for SMEs differ from full IFRSs?
- How widespread is the use of the standard?
- How has the standard changed since its inception?
For more information, see the Debrief video on the IASB’s website.
