SME Implementation Group publishes two final Q&As

10 April 2012


The SME Implementation Group (SMEIG) today published two question and answer documents (Q&As) on the IFRS for SMEs:

These two final Q&As reflect the input that the SMEIG received on the publication of five draft Q&As in September 2011 (comment period closed in November 2011). After considering the public comments the SMEIG has decided not to issue final Q&As on the following three draft Q&As:

Q&As published by the SMEIG are non-mandatory guidance documents that will help those who use the IFRS for SMEs to think about specific accounting questions. They are not intended to modify in any way the application of full IFRSs