José Maria Bové Montero, Chairman, SME Working Party, European Federation of Accountants The justification for differential reporting in national jurisdictions; What is a small and medium-sized entity?; Implications for EU Member States and candidate countries
Paul Pacter, Director of Standards for SMEs, International Accounting Standards Board Why SME standards are needed; IASB’s preliminary views and IASB definition of SME; Recognition and measurement questionnaire; Draft exposure draft
Addressing Common Challenges in Accounting and Auditing on a Regional Basis
David Nagy, Consultant, Financial Management - Europe and Central Asia, World Bank International financial architecture; Corporate financial reporting and the role of the World Bank; Country owned reform agenda – ROSC A&A – Strategy and Action Plans – REPARIS; Outcomes of the Ministerial Conference in Vienna and challenges ahead; Case studies: Bulgaria, Romania, Macedonia, and Bosnia and Herzegovina
Obstacles Faced by SMEs in Applying Accounting Standards
Annette Davis, Seconded National Expert, DG Internal Market, European Commission EU law for limited liability companies; Unlisted companies: SME criteria; Unlisted companies: accounting requirements; SME exemptions and implementation; IASB SME project: Commission view, and EFRAG / FEE joint working group
»http://www.ifac.org/smp/ The International Center for Small and Medium Practices (SMPs), hosted by IFAC's Small and Medium Practices Committee, provides resources and facilitates the exchange of knowledge and best practices among SMPs and other accountants who serve small and medium entities (SMEs).