The International Accounting Standards Board (IASB) announced on November 9, 2006, that it has posted the latest staff of an exposure draft of an International Financial Reporting Standard for Small and Medium-Sized Entities (SMEs). Further changes may be made to this draft before the Board publishes the exposure draft for public comment later this year.
IASB is committed to developing in the public interest a single set of high quality global accounting standards.
For more information please visit the following website: www.iasb.org