The IFRS for SMEs Accounting Standard
6
Hours
Intermediate
Level
Flexible
Schedule
Hours
Level
Schedule
Learning outcomes
Key principles and simplified requirements of the IFRS for SMEs Accounting Standard.
How to prepare financial statements in accordance with the IFRS for SMEs.
Differences between full IFRS and IFRS for SMEs.
Practical guidance on transitioning from national accounting standards to the IFRS for SMEs Standard.
Course contentParticipants
Accountants and finance professionals working with small and medium-sized enterprises (SMEs).
SME business owners and financial managers responsible for preparing financial reports.
Auditors and consultants assisting SMEs with financial compliance.
Professionals transitioning from local GAAP to the IFRS for SMEs Standard.
Pre-requisites
A foundational knowledge of accounting principles and financial reporting.
Experience in preparing or reviewing financial statements for SMEs.
Familiarity with national accounting standards for SMEs is beneficial.
Basic understanding of International Financial Reporting Standards (IFRS) is recommended but not required.
Add this credential to your LinkedIn profile, resume, or CV.
Course Content
Purpose and scope of IFRS for SMEs.
Qualitative characteristics of financial information.
Recognition and measurement of elements of financial statements.
Presentation of the statement of financial position and comprehensive income.
Measurement bases: historical cost and fair value.
Going concern assumption and accrual basis of accounting.
Disclosure requirements for SMEs.
Form
For any questions you may have or to respond to examples discussed in the course, please feel free to fill in the form provided. Your inquiries and insights are valuable, and we’re here to help clarify and deepen your understanding.
Or contact us through our mail