The IFRS Foundation has appointed 21 new members and one observer to the SME Implementation Group (SMEIG) for a three-year term starting 1 July 2020.
Established by the IFRS Foundation Trustees in 2010, the SMEIG is an advisory body to the International Accounting Standard Board (Board) and it works to support the international adoption, implementation and application of the IFRS for SMEs® Standard. Its responsibilities include considering the need to update the Standard and considering application questions that could require educational materials. SMEIG members participate in a personal capacity.
The following are new members to the SMEIG:
A full list of the SMEIG members can be found here.
To view the SMEIG’s terms of reference and operating procedures, as revised by the Trustees in June 2020, click here.