January 2025 IFRS for SMEs Accounting Standard Update available
January 2025 IFRS for SMEs Accounting Standard Update available
The January 2025 edition of IFRS for SMEs Accounting Standard Update is available. The IFRS for SMEs Accounting Standard Update is a staff summary of news, events and other information about the IFRS for SMEs® Accounting Standard and related SME activities.
This edition of the Update includes:
This edition of the Update includes:
- an update on the IASB’s redeliberations of proposals in the Exposure Draft Third edition of the IFRS for SMEs Accounting Standard (2022 Exposure Draft);
- an overview of the second comprehensive review of the IFRS for SMEs Accounting Standard (the Standard); and
- an overview of the revised Section 23 Revenue from Contracts with Customers in the third edition of the Standard.