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International Financial Reporting Standards for SMEs
by Admin User - Thursday, 29 December 2016, 4:48 PM

Time is not too far, when across the globe, harmonization of financial reporting standards will be emerging as far as financial reporting of Small and Medium Entities, as well is concerned. IFRS for SMEs would enable Small and Medium Entities to present their financial statements in accordance with principle based financial reporting standards. Currently SMEs across the globe are following different types of standards. Learning IFRS for SMEs also makes understanding of the IFRS Full Set less challenging. 

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