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Applying IFRS for SMEs

ISBN: 978-0-470-60337-6

November 2010

500 pages

Description

An invaluable guide for SMEs involved in first-time adoption of the new IFRS® standard

The first book to be published on how to apply the new SMEs standard, Applying IFRS® for SMEs includes both International Financial Reporting Standards (IFRS®) text and examples in a combination book and workbook.

Starting with a Foreword by Paul Pacter—a member of the International Accounting Standards Board (IASB) and author of the small and medium enterprises (SMEs) standard—this practical resource features expert insights and explanations from a team of authors active in IFRS® consulting and training with multinational listed companies, public sector entities, and SMEs.

It offers essential coverage of:

  • Analysis of the IFRS® for SME standard with a view to its integration into existing workflows in preparation of accounts

  • Commentary on the theory in the standard, practical insights, and comparisons to full IFRS®

  • Relevant worked out examples aimed at SMEs, plus summaries of important points

The ultimate guide to application of the new SMEs standard, Applying IFRS® for SMEs is a must-have volume for any business or firm applying this framework.

About the Author

Bruce Mackenzie, CA (SA) FCCA RA, JSE Registered IFRS® Advisor, is a member of the IASB SME Implementation Group (SMEIG) and a director of W.consulting (www.wconsulting.co.za), a global IFRS® consulting and training company. He has held positions at Deloitte both in South Africa and the United Kingdom in the IFRS® Centers of Excellence.

Allan Lombard, CA (SA) RA, is an independent IFRS® consultant and has worked previously for KPMG as audit manager.

Danie Coetsee, CA (SA), is Professor of Accounting at the University of Johannesburg, specializing in financial accounting.

Tapiwa Njikizana, CA (SA), RA, JSE Registered IFRS® Advisor, is a director at W.consulting. After qualifying with Coopers & Lybrand, he spent time internationally with Ernst & Young and Anderson.

Raymond Chamboko, CA (SA), JSE Registered IFRS® Advisor, is a director at W.consulting. He was previously with Ernst & Young and SizweNtsalubaVSP where he handled accounting technical issues.

Edwin Selbst (SA) RA, is the technical partner for Horwath South Africa, a member of Crowe Horwath International