Lesson · IFRS for SMEs essentials
Who may use IFRS for SMEs in South Africa
Apply the Companies Act rules on which framework a company may use.
10 minutes Standard as at 6 November 2026
What you will be able to do
- Apply the Companies Act rules on which framework a company may use
- Explain why Baobab reports under IFRS for SMEs
This is a preview of a member lesson. The full lesson is in the IFRS for SMEs essentials library, open to everyone who enrols.
Free · one email a week
IFRS and SAM, one requirement at a time
Each week you get the Institute's new articles: one requirement of IFRS 17, IFRS 9, IFRS 15, IFRS 18 or SAM, worked on a South African case. You start with the free IFRS 18 readiness checklist, ten areas to work through before IFRS 18 takes effect, each with its paragraph reference.