New standards for SMEs rejected earlier this month

27 September 2007 |

Complex new standards for SMEs have become a game of political football for the big accounting watchdogs.

The international wrangling means small businesses still don’t know how the standards will look.

EU internal markets commissioner Charlie McCreevy effectively rejected the IASB’s proposed standards for SMEs earlier this month.


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Regards,

Santosh Puthran

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