2016年ACCA考试IFRS FOR SMES （Part 2）[1]

　　A focus on the International Financial Reporting Standard for small to medium-sized entities

　　The principal aim when developing accounting standards for small to medium-sized enterprises (SMEs) is to provide a framework that generates relevant, reliable and useful information which should provide a high quality and understandable set of accounting standards suitable for SMEs.

　　In July 2009, the International Accounting Standards Board (IASB) issued the IFRS for Small and Medium-sized Entities (IFRS for SMEs). This standard provides an alternative framework that can be applied by eligible entities in place of the full set of International Financial Reporting Standards (IFRSs).

　　The IFRS for SMEs is a self-contained standard, incorporating accounting principles based on extant IFRSs which have been simplified to suit the entities that fall within its scope. There are a number of accounting standards and disclosures that may not be relevant for the users of SME financial statements. As a result the standard does not address the following topics:

　　 earnings per share

　　 interim financial reporting

　　 segment reporting

　　 insurance (because entities that issue insurance contracts are not eligible to use the standard) and

　　 assets held for sale.

　　In addition there are certain accounting treatments that are not allowable under the standard. Examples of these disallowable treatments are the revaluation model for property, plant and equipment and intangible assets, and proportionate consolidation for investments in jointly controlled entities. Generally, there are simpler methods of accounting available to SMEs than those accounting practices, which have been disallowed.

　　Additionally the standard eliminates the 'available-for-sale' and 'held-to maturity' classifications of IAS 39, Financial instruments: recognition and measurement. All financial instruments are measured at amor特许公认会计师(ACCA/CAT)