Report on the December 2023 SME Implementation Group meeting
17 Jan 2024
The IASB has issued a report on the SME Implementation Group (SMEIG) meeting held on 5 December 2023.
The SMEIG discussed the following topics:
- Second comprehensive review of the IFRS for SMEs
- Proposed revised Section 23 Revenue from Contracts with Customers
- Impairment of financial assets — results of survey on SMEs’ exposure to credit risk
- Addendum to the Exposure Draft Third edition of the IFRS for SMEs Accounting Standard
- Lack of exchangeability and supplier finance arrangements
Please click to access the report on the IFRS Foundation website.