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Unit 5 IFRS for Small- and Medium-Sized Entities (SMEs) ##

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<strong>Unit</strong> 5 <strong>IFRS</strong> <strong>for</strong> <strong>Small</strong>- <strong>and</strong> <strong>Medium</strong>-<strong>Sized</strong> <strong>Entities</strong><br />

(<strong>SMEs</strong>) <strong>##</strong><br />

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<strong>Unit</strong> 5 <strong>IFRS</strong> <strong>for</strong> <strong>Small</strong>- <strong>and</strong> <strong>Medium</strong>-<strong>Sized</strong> <strong>Entities</strong> (<strong>SMEs</strong>) <strong>##</strong> What are some of the implications of adhering to <strong>IFRS</strong> 1,<br />

First Time Adoption of <strong>IFRS</strong>, outside the financial statements? Consider legal issues, IT systems issues, audit issues,<br />

internal control issues, <strong>and</strong> management issues in your responses.<br />

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