THE CONSULTATION on international financial reporting standards for SMEs concludes at the end of April, and the signs point to change on the horizon.
Stakeholders were first invited to comment on the Accounting Standards Board's consultation document in October. Chairman Roger Marshall said around 20 written replies have been received so far.
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However, the body has also been doing "lots of outreach", bringing up the issue of SME reporting rules at around 35 meetings, and receiving plenty of oral feedback.
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