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IFRS for SMEs Standard (Standard) was issued in July 2009 by the International Accounting Standards Board (IASB) in response to strong international support for a standard for small and medium‑sized entities. Considering feedback received during the development of the IFRS for SMEs Standard, the Standard has been reviewed periodically. In January 2020, IASB issued a Request for Information (RFI) in its second comprehensive review of the Standard.

IASB is seeking views on whether and how aligning the IFRS for SMEs Standard with full IFRS Standards would benefit users of financial statements prepared applying the IFRS for SMEs Standard without causing undue cost for entities applying the Standard.

The forum will provide an overview of the RFI and seek comments from our participants. Your views and experience are important. Please join us on 12 August 2020 or send us your suggestions!

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Participants are required to complete the questionnaire after the forum for claiming the CPD. The link will be sent to those enrolled participants. 

For those who don’t enroll beforehand and watching the replay, they need to register on SCAA website. The registration deadline will be 17 August 2020 (Mon).