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Wednesday 17 September 2014

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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
2012/0
4
Section 11, Issue 1 Fallback to IFRS 9 Financial Instruments 21 Nov 2011 Final Q&A
2012/0
3
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

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