ICAEW.com works better with JavaScript enabled.


The IFRS for SMEs is a standalone document intended for use by small and medium-sized entities. It is considerably shorter than the full IFRS standards and reflects a number of simplifications from full IFRS.

IFRS for SMEs: The basics

This factsheet introduces the key accounting provisions of the IFRS for SMEs and considers which entities are eligible to use the standard.

View the factsheet

Access the standard

Registration is required to access the free version of the Issued Standards, which do not include additional documents that accompany the full standard (such as illustrative examples, implementation guidance and basis for conclusions).

Summary and timeline

Looking for the synopsis? Our IFRS for SMEs summary and timeline features information on current proposals and a timeline of IASB updates.

ICAEW factsheets and guides

The ICAEW Library & Information Service provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users. If you are unable to access an eBook, please see our Help and support advice or contact library@icaew.com.

Other resources

Further support

Financial reporting helpsheets Corporate Reporting Faculty

In-depth analysis on a range of accounting issues.

Access factsheets
Black woman working at computer
Technical Advisory Services

Our experienced advisors can help you with technical questions.

Get in touch
Young man reading in a library
Library and Information Service

Expert help with research and access to trustworthy, professional sources.