profits, and nct profit

19. An entity that is not publicly accountable rnust make an explicit and unreserved statement of compliance with
the
PIjltS lbr SMEs:
A a. lf the entity ccmplies with-all the requirements of PFI{S for SMEs.
b. II'the entity complies with the vast majority of the requirements of PFRS tbr SMEs.
c. If the entity complies with the national G,AAP based on PF RS for SMEs