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.