Dear Friends
Our company follows IFRS for SME, the management would like to adopt IFRS 16. What I know partial adoption of IFRS is not possible when the Company follow IFRS for SME's. they have to converge to full IFRS to follow IFRS 16, Aam I right?
Partial adoption of IFRS
Re: Partial adoption of IFRS
as I understand it, IFRS for SMEs does not capitalise leases, so yes, either you are using IFRS for SMEs or you are using IFRS.