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Friday 29 May 2015

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The SME Implementation Group (SMEIG) considers implementation questions raised by users of the IFRS for SMEs. In response to these questions it develops non-mandatory implementation guidance for those areas and topics as deemed appropriate by the SMEIG. This non-mandatory guidance is published in the form of questions and answers (Q&As) that are made publicly available to interested parties on a timely basis

For more information about the criteria (see paragraphs 15-17A) and the due process steps for issuing this non-mandatory guidance (see paragraphs 19-36A), see the Terms of Reference of the SMEIG.

Draft Q&As can be accessed here.


Ref No Final Q & A Date published
2012/04 Recycling of cumulative exchange differences on disposal of a subsidiary 27 April 2012    
2012/03 Fallback to IFRS 9 Financial Instruments 27 April 2012
2012/02 Jurisdiction requires fallback to full IFRSs 10 April 2012
2012/01 Application of ‘undue cost or effort’ 10 April 2012
2011/03 Interpretation of ‘traded in a public market’ 7 December 2011
2011/02 Entities that typically have public accountability 7 December 2011
2011/01 Use of IFRS for SMEs in a parent’s separate financial statements 23 June 2011


Related information

Available translations

Contact us

Darrel Scott 
Board Member, Chairman of the SME Implementation Group 
email: dscott@ifrs.org


Michelle Fisher
Senior Technical Manager, IFRS for SMEs
email: mfisher@ifrs.org