What is accounting standard for SMEs?

This is a new standard issued by the Indonesian Financial Accounting Standards Board for small medium enterprises to be implemented on 1 January 2011. Early adoption is acceptable.

Is your firm eligible to use the standards for SMEs?

Does your firm have a large number of cross-border transactions?	YesNo
Does your firm hold a significant accountability to public? (If your firm is in the banking, insurance, or investment industries, you are deemed to hold a significant accountability to public)?	YesNo
Is your firm a listed company?	YesNo
Is your firm categorized as a community-development bank which is allowed by the Central Bank of Republic of Indonesia in its Circulation Letter No. 11/37/DKBU to use the accounting standards for SME?	YesNo
Does your firm have needs to submit a consolidation package for a group reporting purposes to outside Indonesia?	YesNo

	Your firm is eligible to use ETAP standards for SMEs

	Your firm is ineligible to use ETAP standards for SMEs. Find out more about IFRS here