(iii) How items not dealt with by an IFRS for SMEs should be treated. (5 marks)

(iii) How items not dealt with by an IFRS for SMEs should be treated. (5 marks)

(iii) The treatment of items not dealt with by an IFRS for SMEsIFRSs for SMEs would not necessarily deal with all the recognition and measurement issues facing an entity but the keyissues should revolve around the nature of the recognition, measurement an