Ricardo Rodil Re-appointed to the SME Implementation Group

24 Aug 2012

Ricardo Rodil, international liaison partner at Baker Tilly Brasil, has been re-appointed by the Trustees of the IFRS Foundation to the SME Implementation Group (SMEIG) for a further two-year term ending 30 June 2014.  

The SMEIG, an advisory body to the International Accounting Standards Board (IASB), was set up in 2010 to support the international adoption of IFRS for Small and Medium-sized Entities (IFRS for SMEs) and monitor its implementation.

During the last two years the main responsibility of the SMEIG has been to consider implementation questions raised by users of IFRS for SMEs and to develop proposed non-mandatory guidance in the form of questions and answers. More recently, the SMEIG assisted the IASB in developing the Request for Information that marks the first step in the IASB's initial comprehensive review of IFRS for SMEs.

The first task of the SMEIG in its second term is to review and discuss responses to the Request for Information and to develop recommendations to the IASB for possible modifications of IFRS for SMEs.

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