IFRS For SMMEs Workshop
The International Financial Reporting Standards (IFRS) for SMEs was issued in 2009 to protect the interests of small and medium enterprises (SMEs) and their investors. Adoption of this globally recognized standard ensures that the company accounts are understandable and comparable, across boundaries and sectors. The need for such a standard stems from the fact that businesses today are not confined to single geography and also to ensure continued investor support by offering information depicting the financial health of the enterprise.SMEs, therefore, require professionals who understand these standards and can apply them for clarity, consistent implementation, and prepare statements intended for lenders, creditors, investors, employees, governments, and others outside of the company.IFRS for SMEs is a step-by-step guide to using the standard effectively. You will learn how to adapt and mold the standard to suit the needs of your organization.Course ObjectivesBy the end of the course, participants will be able to:◉ Understand the application of IFRS for SMEs which is a globally recognized standard◉ Learn to prepare general purpose financial statements in line with IFRS for SMEs◉ Help your organization by preparing concise statements◉ Gain knowledge in small and medium enterprise financial disclosure