These PFRS for SMEs Q&As are adopted from IASB’s IFRS for SMEs Q&As. Q&As are adopted from Q&As are published by the SME Implementation Group (SMEIG), which assists the IASB in supporting the implementation of the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs).
The Q&As are intended to provide non-mandatory and timely guidance on specific accounting questions that are being raised with the SME Implementation Group by users implementing the IFRS for SMEs.
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