SME Implementation Group (SMEIG) seeks new members to join in 2027
The Trustees of the IFRS Foundation (Trustees) invite candidates to apply for membership of the SME Implementation Group (SMEIG).
The two main responsibilities of the SMEIG are:
to support the use of the IFRS for SMEs Accounting Standard by:
considering questions on its implementation and application;
using set criteria to decide which questions merit published educational material; and
developing, on a timely basis, questions and answers (Q&As) that are made publicly available.
to consider the need to amend the IFRS for SMEs Accounting Standard and to make recommendations to the International Accounting Standards Board (IASB) on:
issues related to the implementation and application of the IFRS for SMEs Accounting Standard that cannot be addressed by Q and
new and amended IFRS Accounting Standards that have been approved since the IFRS for SMEs Accounting Standard was issued or last amended.
The terms of reference and operating procedures for the SMEIG are available on the IFRS Foundation’s website.
Members of the SMEIG are selected for their knowledge of and experience in financial reporting by small and medium-sized entities (SMEs) and, preferably, their knowledge of and direct experience with the IFRS for SMEs Accounting Standard.
The Trustees aim to balance the geographical representation of the Group and are particularly interested in:
candidates from Asia; or
candidates who use the financial statements of SMEs (investors and lenders).
The SMEIG is chaired by IASB member Zach Gast. All members of the SMEIG serve on a voluntary basis. The SMEIG also includes appointed observers who have the right to participate in SMEIG deliberations, but not to vote.
Terms of appointment
Successful candidates will be appointed for a term of three years, which may be renewed for a further three-year term.
Apply
Nominations and applications must explain the candidate’s knowledge of and experience with financial reporting by SMEs and may include any relevant supporting information.
Nominations and applications will be considered if they are received by 28 September 2026.
IASB have the discretion to review applications received after the specified date.
About us
At the IFRS Foundation, we believe better information leads to better decisions. We set financial reporting standards that enable companies to meet the evolving information needs of the global capital markets. United by our purpose to foster trust, growth and long-term financial stability in the global economy, we engage in challenging, meaningful work every day—across all our areas of expertise.
If you share our passion for this mission, we want to hear from you.
Diverse perspectives. International expertise.
Working for our global organisation offers many benefits, including:
rewarding work that serves the public interest;
engagement with diverse international experts;
inclusive and collaborative teams;
intellectually challenging projects;
flexible working arrangements;
numerous areas of specialisation; and
opportunities for professional growth and development.
Diversity and inclusion are seen as key strengths of our organisation. These qualities are essential for us to engage with and meet the needs of our varied global stakeholders, and they are part of what makes the IFRS Foundation a great place to work.
The IFRS Foundation is an independent, not-for-profit organization that sets international financial reporting standards to enable companies to meet the information needs of global capital markets. The organization develops and maintains the IFRS for SMEs Accounting Standard, which is specifically designed for small and medium-sized entities. Through groups like the SME Implementation Group (SMEIG), the Foundation provides guidance on the implementation and application of these standards, developing educational materials and Q&As for public use. The Foundation's mission is to foster trust, growth, and long-term financial stability in the global economy by providing better financial information that leads to better decisions.
