The IFRS Foundation has announced the reappointment of 15 members of the SME Implementation Group (SMEIG) for a second three-year term ending 30 June 2020.
The SMEIG is an advisory body to the International Accounting Standard Board (Board). The SMEIG’s mission is to support the international adoption of the IFRS for SMEs® Standard and to monitor its implementation.
The SMEIG’s two main responsibilities are:
- to consider issues raised by small and medium-sized entities (SMEs) and other interested parties and develop proposed non-mandatory guidance in the form of questions and answers (Q&A) documents; and
- to make recommendations to the Board on the need to amend the IFRS for SMEs Standard
The following members have been reappointed:
| Name | Country | Affiliation |
|---|---|---|
| Africa | ||
| Frederick Kibbedi | Uganda | Partner, PKF Uganda; Vice President, Institute of Certified Public Accountants of Uganda |
| Pastor Patrick Obilo Orji | Nigeria | Managing Consultant and CEO, Turning Point Consulting Limited |
| Simon Fisher | Kenya | Technical Partner, RSM Eastern Africa |
| Asia & Middle East | ||
| Ahmed M. Alshenaiber | Saudi Arabia | Chief Financial Officer, Awqaf Sulaiman Al-Rajhi Holding Company |
| Fanny Hsiang | Hong Kong | Director, Head of Technical & Training Department, BDO Limited |
| Huihao Shu | China | Deputy Director General, Accounting Regulatory Department, Ministry of Finance of the People’s Republic of China |
| Naofumi Higuchi | Japan | Technical Director, Japanese Institute of Certified Public Accountants (JICPA) |
| Rajkumar S Adukia | India | Adviser, Adukia & Associates Chartered Accountants |
| Europe | ||
| Eva Törning | Sweden | Partner, Financial Reporting, Grant Thornton |
| Freydun Michael Badri | Switzerland | Partner and CEO, REWISCO AG |
| Jelena Poljaševic | Bosnia and Herzegovina | Assistant Professor, Faculty of Economics, University of Banja Luka |
| Latin America | ||
| Alexei Estrella Morales | Ecuador | Regional Partner, Arista Global Group |
| Luis A. Chavez | Ecuador | Consultant and trainer, Luis A. Chávez – Consultoría y Capacitación |
| Martín Kerner | Argentina | Consultant and trainer; Argentine Accounting and Auditing Standard Board (CENCYA) |
| Others | ||
| Keith Reilly | Australia | Technical Adviser, Keith Reilly |
More information about the SMEIG, including the terms of reference and operating procedures of the group, is available here.
