IASCF commits to developing IFRS taxonomy for SMEs

IASCF commits to developing IFRS taxonomy for SMEs

September 18, 2006

The International Accounting Standards Committee Foundation (IASCF) has committed to developing an International Financial Reporting Standard (IFRS) taxonomy for Small and Medium-sized Enterprises (SMEs) – an important step in supporting the use of XBRL by smaller companies around the world.