Status Report on IFRS for SMEs

Sarah Woodman, Global events journalist
January 27, 2012 /

The SME Working Group of the European Financial Reporting Advisory Group (EFRAG) met with IASB Board member Paul Pacter in Brussels to discuss various matters relating to the IFRS for SMEs.

Mr Pacter updated the Group on implementation of the standard.

Among the main topics discussed during the meeting were the IASB’s program for publishing Q&As and the upcoming comprehensive review of the IFRS for SMEs.


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