Second Comprehensive Review of the IFRS for SMEs Accounting Standard
In September 2022, the IASB published the Exposure Draft Third Edition of the IFRS for SMEs Accounting Standard as part of its second comprehensive review of the standard. The outcome of this second review will improve information provided to users of SME financial statements, while maintaining the simplicity of the standard for SMEs. The IASB plans to issue the third edition of the standard in the first half of 2025.
Detailed information is available on:
https://www.ifrs.org/projects/work-plan/2019-comprehensive-review-of-the-ifrs-for-smes-standard/
