February 2021 SME Implementation Group meeting report now available

The meeting report from the SME Implementation Group meeting held on 4–5 February 2021 is now available.

The topics discussed in the meeting were:

• Alignment approach and principles
• When to consider alignment
• Alignment with the 2018 Conceptual Framework for Financial Reporting (2018 Conceptual Framework)
• Alignment with IFRS 13 Fair Value Measurement
• Alignment with IFRS 3 Business Combinations
• Alignment with IFRS 10 Consolidated Financial Statements
• Alignment with IFRS 11 Joint Arrangements
• Alignment with IFRS 9 Financial Instruments
• Alignment with IFRS 16 Leases
• Alignment with IFRS 15 Revenue from Contracts with Customers

The report may be accessed here.