EFRAG publishes advice on IFRS compatibility for SMEs and EU accounting directives
02 March 2010
In November 2009 the EC asked EFRAG to clarify in which cases the IFRS for SMEs is incompatible with the EU Accounting Directives. EFRAG has published potential changes to increase the compatibility between both texts, including an accountancy rules definition.
In November 2009 the EC asked EFRAG to clarify in which cases the IFRS for SMEs is incompatible with the EU Accounting Directives. EFRAG has published potential changes to increase the compatibility between both texts, including an accountancy rules definition.
Deadline for comments is 19 April 2010.
© EFRAG - European Financial Reporting Advisory Group
