Report of the September 2021 SME Implementation Group meeting
19 Oct 2021
The IASB has issued a report on the SME Implementation Group (SMEIG) meeting held on 9 September 2021 via video conference.
The topics discussed at the meeting were:
- update on work completed;
- proposals relating to the Conceptual Framework and to financial instruments;
- alignment with IFRS 16 Leases;
- Section 28 of the IFRS for SMEs Employee Benefits;
- update to multiple sections of the IFRS for SMEs for amendments to IFRSs and IFRIC Interpretations;
- alignment with IFRS 14 Regulatory Deferral Accounts;
- other topics; and
- subsidiaries without public accountability.
The report from the meeting is available on the IASB website.