February 2007
DRAFT IMPLEMENTATION GUIDANCE
IFRS for Small and Medium-sized Entities
Illustrative Financial Statements and Disclosure Checklist
Comments to be received by 1 October 2007
SMEs
Implementation Guidance
International
Accounting Standards
Board®
DRAFT IMPLEMENTATION GUIDANCE
Illustrative Financial Statements
and Disclosure Checklist
Exposure Draft
INTERNATIONAL FINANCIAL
REPORTING STANDARD FOR
SMALL AND
MEDIUM-SIZED ENTITIES
Comments to be received by 1 October 2007
This draft Implementation Guidance accompanies the Exposure Draft of the proposed
International Financial Reporting Standard for Small and Medium-sized Entities (see separate
booklet). Comments on the draft standard and its accompanying documents should be
sent in writing so as to be received by 1 October 2007. Respondents are asked to send
their comments electronically to the IASB Website (www.iasb.org), using the ‘Open to
Comment’ page.
All responses will be put on the public record unless the respondent requests
confidentiality. However, such requests will not normally be granted unless supported
by good reason, such as commercial confidence.
The IASB, the International Accounting Standards Committee Foundation (IASCF), the
authors and the publishers do not accept responsibility for loss caused to any person
who acts or refrains from acting in reliance on the material in this publication,
whether such loss is caused by negligence or otherwise.
Copyright © 2007 IASCF®
ISBN for this part: 978-1-905590-15-5
ISBN for complete publication (set of three parts): 978-1-905590-16-2
All rights reserved. Copies of the draft standard and the accompanying documents
may be made for the purpose of preparing comments to be submitted to the IASB,
provided such copies are for personal or intra-organisational use only and are not sold
or disseminated and provided each copy acknowledges the IASCF’s copyright and sets
out the IASB’s address in full. Otherwise, no part of this publication may be translated,
reprinted or reproduced or utilised in any