SHOW SECTIONS


The International Accounting Standards Board (Board) completed its initial comprehensive review of the IFRS for SMEs Standard in May 2015. During the review the Board consulted widely with constituents. Based on the feedback received, and the fact that the IFRS for SMEs Standard is still relatively new, the Board issued limited amendments. Click here to view the 2015 Amendments to the IFRS for SMEs Standard.

The Board discussed the timing of its next review of the IFRS for SMEs Standard in October 2016.

Timing of the next review of the IFRS for SMEs Standard (Agenda Paper 7)

The International Accounting Standards Board (Board) met on 18 October 2016 to discuss whether to start an interim review of the IFRS for SMEs Standard in 2016. The interim review would consider any changes in new and amended full IFRS Standards or any urgent issues.

The Board considered feedback from the SME Implementation Group and, consistent with this feedback, decided not to perform an interim review of the IFRS for SMEs Standard in advance of the next comprehensive review. No Board members objected to this decision. The next comprehensive review of the IFRS for SMEs Standard is expected to start in early 2019.

This website uses cookies. You can view which cookies are used by viewing the details in our privacy policy.