The Quoted Companies Alliance's Financial Reporting Committee examined this draft FAQ on IFRS for SMEs and the definition of publicly traded as described in the standard. We explained that we do not consider that there should be such a wide definition as to what constitutes a public market.
QCA response to the IFRS for SMEs FAQs on the meaning of publicly traded
The Quoted Companies Alliance's Financial Reporting Committee examined this draft FAQ on IFRS for SMEs and the definition of publicly traded as described in the standard.