Beruflich Dokumente
Kultur Dokumente
and Company
Seminar Outline
Full IFRS vs IFRS for SMEs
Accounting Framework and first-time
adoption
Financial Statements
Income and Expenses
Financial Assets & Liabilities
Non-financial assets
Non-financial liabilities and equity
Other Topics
1
Diaz Murillo Dalupan
and Company
Accounting
Framework and first-
time adoption
IFRS for SMEs Full IFRS
Scope No public Apply to all
accountability entities that issue
general purpose
Small listed FS.
entities not
included.
2
Diaz Murillo Dalupan
and Company
Accounting
Framework and
first-time adoption
IFRS for SMEs Full IFRS
3
Diaz Murillo Dalupan
and Company
Accounting
Framework and
first-time adoption
IFRS for SMEs Full IFRS
4
Diaz Murillo Dalupan
and Company
Accounting
Framework and
first-time adoption
Reconciliation required
Equity reported under its previous financial
reporting framework to its equity under IFRS
for SMEs for both the transition date and end
of the latest period presented in the entitys
most recent annual FS under its previous
financial reporting framework
Profit or loss reported under its previous
financial reporting framework for the latest
period in its most recent annual FS to its profit
or loss under IFRS for SMEs for the same
period.
5
Diaz Murillo Dalupan
and Company
Accounting
Framework and
first-time adoption
Some optional exemptions from
retrospective application (See IFRS
FOR SMEs 35.10)
FV or revaluation as deemed cost for
PPE, investment property or intangible
assets.
Deferred income tax
Arrangements containing a lease
6
Financial
Diaz Murillo Dalupan
and Company
Statements
IFRS for SMEs Full IFRS
Income and
Diaz Murillo Dalupan
and Company
Expenses
IFRS for SMEs Full IFRS
7
Income and
Diaz Murillo Dalupan
and Company
Expenses
IFRS for SMEs Full IFRS
Income and
Diaz Murillo Dalupan
and Company
Expenses
IFRS for SMEs Full IFRS
8
Financial Assets
Diaz Murillo Dalupan
and Company
and Liabilities
IFRS for SMEs Full IFRS
Financial Assets
Diaz Murillo Dalupan
and Company
and Liabilities
IFRS for SMEs Full IFRS
9
Financial Assets
Diaz Murillo Dalupan
and Company
and Liabilities
IFRS for SMEs Full IFRS
Financial Assets
Diaz Murillo Dalupan
and Company
and Liabilities
IFRS for SMEs Full IFRS
10
Financial Assets
Diaz Murillo Dalupan
and Company
and Liabilities
IFRS for SMEs Full IFRS
Financial Assets
Diaz Murillo Dalupan
and Company
and Liabilities
IFRS for SMEs Full IFRS
11
Non-Financial
Diaz Murillo Dalupan
and Company
Assets
IFRS for SMEs Full IFRS
Non-Financial
Diaz Murillo Dalupan
and Company
Assets
IFRS for SMEs Full IFRS
12
Non-Financial
Diaz Murillo Dalupan
and Company
Assets
IFRS for SMEs Full IFRS
Non-Financial
Diaz Murillo Dalupan
and Company
Assets
IFRS for SMEs Full IFRS
13
Non-Financial
Diaz Murillo Dalupan
and Company
Assets
IFRS for SMEs Full IFRS
Non-Financial
Diaz Murillo Dalupan
and Company
Assets
IFRS for SMEs Full IFRS
14
Non-Financial
Diaz Murillo Dalupan
and Company
Assets
IFRS for SMEs Full IFRS
Non-Financial
Diaz Murillo Dalupan
and Company
Assets
IFRS for SMEs Full IFRS
15
Non-Financial
Diaz Murillo Dalupan
and Company
Assets
IFRS for SMEs Full IFRS
Non-Financial
Diaz Murillo Dalupan
and Company
Assets
IFRS for SMEs Full IFRS
16
Non-Financial
Diaz Murillo Dalupan
and Company
Assets
IFRS for SMEs Full IFRS
Non-Financial
Diaz Murillo Dalupan
and Company
Assets
IFRS for SMEs Full IFRS
17
Diaz Murillo Dalupan
Non-Financial
and Company
Liabilities and
Equity
IFRS for SMEs Full IFRS
Liabilities and
Equity
IFRS for SMEs Full IFRS
18
Diaz Murillo Dalupan Non-Financial
and Company
19
Diaz Murillo Dalupan Non-Financial
and Company
20
Diaz Murillo Dalupan
and Company Agriculture
IFRS for SMEs Full IFRS
End of presentation.
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