The SMP Committee has developed free resources and collated links to relevant, free resources developed by IFAC member organizations and others in the following areas:

Implementation Guidance

Consistent application of international standards is crucial to the quality of audits and other assurance and related services. To help SMPs develop their quality control systems and deliver high-quality services through effective and  consistent implementation of the standards issued by the International Auditing and Assurance Standards Board, the SMP Committee has developed two comprehensive Guides and a number of supplementary resources:

• Guide to Quality Control for Small- and Medium-Sized Practices (QC Guide) 
• Guide to Using International Standards on Auditing in the Audit of Small- and Medium-Sized Entities (ISA Guide) 
• See also the accompanying Companion Manual and Orientation Slides (ISA and QC)
• The Standard for Limited Assurance Review Engagements: Addressing the Needs of SMPs (Article)
• ISRS 4410: The Standard for Today's Compilation Engagements (Article)
• Implementing the Clarified ISAs: IFAC Member Body Initiatives to Support SMPs
• Tips for Cost-Effective ISA Application (Article) and ISQC 1 Application (Article)

More from IFAC member organizations and others

Practice Management Support

To help SMPs cope with the increasingly complex and competitive global marketplace for professional services, the SMP Committee develops resources and tools including a comprehensive guide, comprised of eight standalone modules covering a broad range of topics to help SMPs operate more proficiently:

• Guide to Practice Management for Small- and Medium-Sized Practices (PM Guide) (see also the accompanying Companion Manual)
• How to Cope with Pressure to Lower Fees
• How to Make Your Small Practice a Big Success
• Discussion Board

More from IFAC member organizations and others 

Business Advisory Practice Development

Small- and medium-sized entities (SMEs) are increasingly demanding a broader range of professional services, in particular, value-added business advisory services—such as forming business plans, identifying and managing risk, and sustainability advice. SMPs are well positioned to provide these services, according to the Information Paper, Role of SMPs in Providing Business Support to SMEs. See also these resources developed by the SMP Committee:

• Special Edition eNews: The Role of Professional Accountants in the Sustainability of Small Businesses
• Video Series with SMP Committee Members
• The Role of SMPs in Greening Small Business
• How to Build Your Business Advisory Practice
• Helping SMPs Meet the Challenges and Seize the Opportunities of Tomorrow
• Good Practice Checklist for Small Business