About the SMP Committee
IFAC’s SMP activities are supported by the Small and Medium Practices (SMP) Committee, which was established in in 2005. The SMP Committee is comprised of 18 volunteers, including a chair and deputy chair, who represent a broad range of geographies and professional backgrounds.
As a strategic advisory body of professional accountants, the SMP Committee supports IFAC’s work in three main activity areas:
- Standard Setting—providing regular and timely input to the international standard-setting process in order to help ensure the stability, relevance, and proportionality of international standards to SMEs/SMPs;
- Resources and Tools—developing and sharing practical guidance with a focus on implementation of international standards, practice management, and business advisory services; and
- Speaking Out—promoting the visibility and recognition of SMPs and representing and advocating on behalf of SMPs and SMEs worldwide.