Applying Ifrs for Smes

Applying the IFRS for SMEs provides expert insights and explanations of the IFRS for SMEs issued by the International Accounting Standards Board (IASB). The book includes comprehensive coverage of this recently issued standard aimed at small and medium-sized businesses. It provides commentary on the theory in the standard, illustrative disclosures, comprehensive illustrative financial statements and comparisons to full IFRS, including relevant real life worked out examples aimed at SMEs, plus summaries of important points. Each chapter is composed of a discussion of the relevant section together with the required theory.

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 SizweNtsaluba VSP where he handled accounting technical issues. Edwin Selbst (SA) RA, is the technical partner for Horwath South Africa, a member of Crowe Horwath International.