IASB launches field tests of SME Exposure Draft
18 June 2007
The IASB launched a comprehensive programme for field testing the proposals in the Exposure Draft of an International Financial Reporting Standard for Small and Medium-sized Entities.
The testing seeks to assess the scope, impact and burden of the proposed IFRS for SMEs worldwide and will help to identify aspects of the exposure draft that may need reconsideration.
The field test is only one of the measures that the IASB has taken to encourage wide participation in its six-month public consultation.
Press release
© IASB - International Accounting Standards Board
