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Consultation of the EU Commission on the International Financial Reporting Standard for Small and Medium-sized Entities
The EU Commission launched a consultation process with the EU stakeholders on the International Financial Reporting Standard (IFRS) for Small and Medium-sized Entities (SMEs)
The EU Commission launched a consultation process with the aim to
gain an understanding of EU stakeholders' views on the International
Financial Reporting Standard (IFRS) for Small and Medium-sized Entities
(SMEs) issued by the International Accounting Standards Board on 9
July 2009.
It is a standard, a proposal for a set of international accounting
principles of fewer than 230 pages, designed to meet the needs and
capabilities of small and medium-sized entities (SMEs).
The Commission is especially interested to receive comments from the
users of accounts, such as business, banks and investors.
Contributions may be submitted by e-mail or by post, within the 12 of
March 2010, filling the ad hoc questionnaire, in compliance with the
directories given on the
website of the EU Commission - Directorate for the Internal Market
and will be published therein.