June 2021 IFRS for SMEs Update The IFRS for SMEs Update is a staff summary of news, events and other information about the IFRS for SMEs® Standard and related SME activities. The staff summary has not been reviewed by the International Accounting Standards Board (Board). The June 2021 IFRS for SMEs Update is now available. This edition includes: a note from Jenny Carter, a member of the SME Implementation Group (SMEIG); an update on the second comprehensive review of the IFRS for SMEs Standard; an update on the advice from members of the Emerging Economies Group (EEG); an overview of the feedback from recent meetings with SME preparers; and details of online resources for SMEs. View this and all previous IFRS for SMEs Updates here.