The SME Implementation Group (SMEIG) regularly considers implementation questions raised by users of the IFRS for SMEs. In response to these questions it develops implementation guidance for those areas and topics deemed appropriate by the group. This 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 15-17) and the due process steps for issuing a Q&A (see paragraphs 18-36), see the Terms of Reference of the SMEIG.
Draft Q&As can be accessed here.