IFRS FOR SMES – JULY 2009
The International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for
SMEs) is set out in Sections 1–35 and the Glossary. Terms defined in the Glossary are in
bold type the first time they appear in each section. The IFRS for SMEs is accompanied
by a preface, implementation guidance, a derivation table, illustrative financial
statements and a presentation and disclosure checklist, and a basis for conclusions.