The International Accounting Standards Committee (IASC) Foundation published this week the second batch of training material for the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs). The training material is designed to assist companies and accounting practitioners in applying the IFRS. It will also assist educators in teaching how to apply the IFRS for SMEs. The remaining material will be published in the course of this year as it is completed.
The free-to-download training material forms part of a range of initiatives undertaken by the IASC Foundation and the International Accounting Standards Board to support the widespread adoption of the IFRS for SMEs. The training material is available for download from http://go.iasb.org/smetraining.