Adoção dos IFRS em pequenas e médias pelo Mundo

O texto a seguir apresenta parte de uma newsletter que recebo do IASB.

Fala sobre a adoção dos IFRS em Pequenas e Médias Empresas (IFRS-SMES) envolvendo o Egito, Hong Kong, Malásia e Tanzânia.

O conteúdo completo da newletter pode ser obtido no site do IASB ou clique aqui

Recent adoptions of the IFRS for SMEs


We try to keep track of jurisdictions that have adopted, or are planning to adopt, the IFRS for SMEs. Our list currently includes 60 jurisdictions. In a future Update we will include a summary. Meanwhile, in the past few weeks we have become aware of the following adoptions:


Egypt. The Egyptian Society of Accountants and Auditors is presently developing an exposure draft of a proposed Egyptian Accounting Standard for SMEs. The exposure draft is based on the IFRS for SMEs but is expected to propose several differences, including differences in the areas of leases and distributions of profits to employees. The Board of the Egyptian Society of Accountants and Auditors expects to release the proposed EAS for SMEs in 2010. However, the effective date for implementation has not yet been decided.


Hong Kong. On 30 April 2010 the Hong Kong Institute of Certified Public Accountants (HKICPA) issued the Hong Kong Financial Reporting Standard for Private Entities (HKFRS for Private Entities). This new standard is identical to the IFRS for SMEs except for a modification relating to the income tax requirements. The HKICPA has replaced the recognition and measurement principles contained in Section 29 Income Tax of the IFRS for SMEs with those contained in IAS 12 Income Taxes while retaining the relevant disclosures in the IFRS for SMEs. In addition, the HKICPA has restricted the amount of deferred tax recognised in relation to the revaluation gain for investment properties to the amount that would be payable upon its sale to an unrelated market participant at fair value at the end of the reporting period. The HKFRS for Private Entities is effective immediately as an option for SMEs in Hong Kong. Eligible entities are permitted to use the standard to prepare their financial statements for prior periods where the relevant financial statements have not been finalised and approved.


Malaysia. The Malaysian Accounting Standards Board (MASB) has issued an exposure draft (ED 72 Financial Reporting Standard for Small and Medium-sized Entities) that is identical to the IFRS for SMEs. MASB's objectives in adopting the IFRS for SMEs are:
• provide improved comparability for users of accounts
• enhance the overall confidence in the accounts of SMEs
• reduce the significant costs involved of maintaining standards on a national basis
• provide a platform for growing businesses that are preparing to enter public capital markets, where application of full Malaysian FRSs (soon to be fully converged with IFRSs) is required.


Comment deadline is 30 September 2010.


Tanzania. Since 2004, all business entities in Tanzania have been required to use IFRSs except for government business entities, which have been required to use International Public Sector Accounting Standards (IPSASs). The National Board of Accountants and Auditors of Tanzania has clarified which of those entities are now permitted to use the IFRSs for SMEs, as follows:
• Publicly accountable entities are required to use full IFRSs. These include:
i. entities that offer shares to the public;
ii. financial institutions such as banks, insurance, pension funds, mutual funds, securities brokers/dealers;
iii. entities that have essential public responsibility or provide essential public service such as utilities; and
iv. iv. all entities including government business entities with 100 or more employees or with capital investment in non-current assets above TShs.800,000,000 (approximately US$600,000).
• Non-publicly accountable entities are permitted to use the IFRS for SMEs. These include private business entities and government business entities with less than 100 employees and capital investment of less than TShs.800,000,000 (approximately US$600,000). Such entities may, alternatively, use full IFRSs.
• Public sector entities may use IPSASs provided that they do not qualify as publicly accountable (see above).
Entities using IFRSs or the IFRS for SMEs must apply those pronouncements as issued by the IASB in full and without modification. Tor Resolution of Tanzania National Board of Accountants and Auditors, click here (PDF 68k).