Draft Q&As
Draft Q&As are published for public comment typically for a period of 2 months. After the comment period has ended, the SME Implementation Group considers the comments received and may issue a final Q&As for Board approval.
| Ref No |
Draft Q & A |
Date published |
Status |
| Section 30, Issue 1 |
Recycling of cumulative exchange differences on disposal of a subsidiary |
21 Nov 2011 |
Final Q&A
2012/04 |
| Section 11, Issue 1 |
Fallback to IFRS 9 Financial Instruments |
21 Nov 2011 |
Final Q&A
2012/03 |
| Section 3, Issue 3 |
Prescription of the format of financial statements by local regulation |
28 Sep 2011 |
No final Q&A
will be issued |
| Section 3, Issue 2 |
Departure from a principle in the IFRS for SMEs |
28 Sep 2011 |
No final Q&A
will be issued |
| Section 3, Issue 1 |
Jurisdiction requires fallback to full IFRSs |
28 Sep 2011 |
Final Q&A
2012/02 |
| General, Issue 2 |
Interpretation of ‘undue cost or effort’ and ‘impracticable’ |
28 Sep 2011 |
Final Q&A
2012/01 |
| General, Issue 1 |
Application of the IFRS for SMEs for financial periods ending before the IFRS for SMEs was issued |
28 Sep 2011 |
No final Q&A
will be issued |
| Section 1, Issue 4 |
Investment funds with only a few participants |
14 Apr 2011 |
Final Q&A 2011/02 |
| Section 1, Issue 3 |
Interpretation of ‘traded in a public market’ |
14 Apr 2011 |
Final Q&A 2011/03 |
| Section 1, Issue 2 |
Captive insurance subsidiaries |
14 Apr 2011 |
Final Q&A 2011/02 |
| Section 1, Issue 1 |
Use of IFRS for SMEs in a parent’s separate financial statements |
24 Feb 2011 |
Final Q&A 2011/01 |