PFRS for SMEs Q&As now available


We are glad to announce that PFRS for SMEs Q&As are now available.  To Access these Q&As, Click Here.

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.

Disclaimer: Opinions expressed in this article are that of the author and information provided are for general conceptual guidance for public information and are not substitute for expert advice. Contact for more information and if you want to avail professional services. Find us on Facebook!


Orlando Calundan is a CPA who has exposures in FS audit of entities in various industries such as real estate, food/restaurants, manufacturing, service organizations and BPOs, automotive, holding/investment companies and more. He also has exposure on internal audit engagements.

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