IFRS June 2021 update for SMEs published

Released 01 July 2021

The International Financial Reporting Standards (IFRS) Foundation has published the June 2021 IFRS for SMEs Update.

The update includes:

a note from Jenny Carter, a member of the SME Implementation Group (SMEIG);

an update on the second comprehensive review of the IFRS for SMEs Standard;

an update on the advice from members of the Emerging Economies Group (EEG);

an overview of the feedback from recent meetings with SME preparers; and

details of online resources for SMEs.

Further information can be found at https://www.ifrs.org/supporting-implementation/supporting-materials-for-the-ifrs-for-smes/ifrs-for-smes/2021/june-2021-ifrs-for-smes-update/.

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