BC44 If recognition and measurement requirements in the IFRS for SMEs Accounting Standard differed from those in IFRS Accounting Standards, it was necessary for the IASB to develop disclosure requirements directly from IFRS Accounting Standards for the scenarios described in paragraph BC34, namely for:
(a) topics or options omitted from the IFRS for SMEs Accounting Standard. For example, the IASB added disclosure requirements for entities applying the revaluation model in IAS 38 because the IFRS for SMEs Accounting Standard does not include that accounting policy option and, therefore, includes no related disclosure requirements.
(b) recognition or measurement requirements in IFRS Accounting Standards that were simplified for the IFRS for SMEs Accounting Standard. For example, Section 28 Employee Benefits of the IFRS for SMEs Accounting Standard contains a simplified method for measuring obligations under defined benefit plans if an SME is unable, without undue cost or effort, to use t
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