IFRS for SMEs (LBB event)

Greater detail and booking instructions can be found in Related Documents to the left of this page.

The International Accounting Standards Board (IASB) have recently issued an International Financial Reporting Standard (IFRS) designed for use by small and medium-sized entities (SMEs). The IFRS for SMEs is a self-contained standard of about 230 pages tailored for the needs and capabilities of smaller businesses

Key topics to be covered:

• What is IFRS for SMEs?
• The background on the Exposure Draft and the Final Standard for IFRS for SMEs
• The importance of the imminent IFRS changes for UK GAAP and UK businesses
• The latest postition and views on the Final Standard:
        Key differences with full IFRS; and
        Areas of simplification and concern
• The critical and practical issues associated with the adoption oif IFRS for SMEs for UK businesses.

Speakers:  Steven Brice, technical partner and Jessica Howard, technical manager from Mazars LLP Financial Reporting Advisory team