Międzynarodowy Standard Sprawozdawczości Finansowej dla Małych i Średnich Przedsiębiorstw - istota, ocena, przyszłość
International Financial Reporting Standard for Small and Medium Enterprises – essence, assessment, future

Summary/Abstract: The objective of the article is the presentation of main issues, evaluation and future of International Financial Reporting Standard for Small and Medium Enterprises. The paper presents the definition of the SME sector as well as the objectives and necessity of introducing International Financial Reporting Standard for SMEs. The further part of the paper describes and assesses the standards and presents the views held by the representatives of selected accounting and auditing organizations in Europe. Also, the author discusses the impact of IFRS for SMEs on the SME sector and presents research on IFRS for the needs of SMEs. The paper presents the national accounting standards after the introduction of the new standards, outlines their prospects worldwide and assesses the entire project.

• Details
• Contents