IFRS for SMEs

If you want to learn a bit about the IFRS for SMEs standard, here you go.

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A small-to-medium sized entity (SME) from the accounting standard perspective is any entity that doesn't have public accountability. Entities that have public accountability are entities that people from the general public have given money to, and they expect something in return for the money that they have put into that entity. For example, public limited companies, insurance companies and banks. A large private company is also an SME, since it doesn't have public accountability. 

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A lot of the information for this was taken from the book "IFRS for SMEs 2nd Edition" published by W Consulting. 
Book: https://www.amazon.com/IFRS-SMEs-2nd-Bruce-Mackenzie/dp/0620676183