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RE: Application of Section 17 NIFF for SMEs as an accounting process.
Greetings @galand, when it comes to keep proper control over your investments in a company, the application of NIIF 17 is essential, since most companies have their largest investment in property, plant and equipment, with which they perform the necessary functions, and also highlight the risks of not applying it, very good article.
Greetings @ chucho27 Very true your appreciation in the distribution of capital, the asset of Property, Plant and Equipment in most cases represents a high percentage of the capital, so it is of utmost importance to apply the NIFF 17 to keep accurate information and have a precise control over the valuation and depreciation of tangible assets.
Thank you very much for your comments