This publication provides owners of private entities with an understanding of recent developments in financial reporting for unlisted entities. It outlines the reasons why some unlisted private entities (also known as SMEs) have already made the change to International Financial Reporting Standards (IFRS) and illustrates what might be involved in a conversion process. It is intended to help you answer the question: ‘Should we, as a private entity, adopt IFRS for Private Entities?'
Download IFRS for SMEs - Is it relevant for your business (273kb), or order online