The FSRSC encourages the public to submit comment letters on the following published documents to the International Accounting Standards Board / IFRS Intrepretations Committee:

  • Proposal

  • Deadline of comment period

  • ProposalExposure Draft and comment letters: Third edition of the IFRS for SMEs Accounting StandardThe IASB has published proposals to update the IFRS for SMEs Accounting Standard—to reflect improvements that have been made in full IFRS Accounting Standards, while keeping the Standard simple for small and medium-sized entities.

    Proposed amendments include updating the Standard to:

    reflect improvements from The Conceptual Framework for Financial Reporting issued in 2018;
    include simplified requirements based on IFRS 13 Fair Value Measurement; and
    include simplified requirements based on IFRS 15 Revenue from Contracts with Customers.
  • Deadline of comment period

    2023March07