The SME Implementation Group (SMEIG) met at the IASB’s office in London on 4–5 February 2013 to consider the responses to the June 2012 Request for Information Comprehensive Review of the IFRS for SMEs
and to develop their recommendations to the IASB on possible amendments to the IFRS for SMEs
. The recording of this meeting is available online here
A report containing the recommendations of the SMEIG will be provided to the IASB when it begins its deliberations on the amendments to the IFRS for SMEs
. The IASB staff have prepared a first draft of the SMEIG report based on the discussions at the meeting. This draft is currently being reviewed by SMEIG members. Once the report has been approved by the SMEIG it will be posted on the IASB website.
A Spanish-language translation of Module 9 Consolidated and Separate Financial Statements
is now available. Module 9 covers Section 9 of the IFRS for SMEs, Consolidated and Separate Financial Statements
, which defines the circumstances in which an entity presents consolidated financial statements and the procedures for preparing those statements. It also includes guidance on separate and combined financial statements.
In total, 32 Spanish modules are now available for download from the IFRS Foundation website and they can be accessed here
Here is the current status of the IFRS for SMEs translations that have been approved by the IFRS Foundation:
: Albanian,* Arabic, Armenian,* Bosnian,* Chinese (simplified),* Croatian,* Czech,* Estonian,* French,* German, Hebrew,* Italian,* Japanese,* Kazakh,* Khmer,* Lithuanian,* Macedonian,* Mongolian,* Polish,* Portuguese,* Romanian,* Russian,* Serbian, Spanish,* Turkish* and Ukrainian.*
Under discussion with the IFRS Foundation
*Available for free download here (for translations not marked with an * please see our webshop for details on how to purchase a hard copy)