Opportunités de la norme IFRS pour les PME

Abstract

In the early 2000, the International Accounting Standards Board (IASB) began to design specific IFRS (International Financial Reporting Standards) for small and medium-sized entities (SMEs). Those SMEs are defined as entities that do not have public accountability and publish their financial statements on a regular basis. The IFRS for SMEs was designed on principles of its predecessors, the IFRS, but were simplified in order to be used by SMEs. A first version of the IFRS for SMEs was published in 2009. A second version of the IFRS for SMEs was published in November 2015, which takes into account several modifications made earlier. Today, the IFRS for SMEs is used in 80 countries. In its current version, the IFRS for SMEs will be effective in January 2017 and an early application is authorised. This master thesis revolves around the latest version of the IFRS for SMEs and will explain its main principles as well as a comparison with the Belgian generally accepted accounting principles (GAAP). Afterwards, this work will focus on the different opportunities that can benefit the SMEs. A survey will also support this work.