Preparedness and training of accounting professionals regarding IFRS for SMEs are measured (Guerreiro et al., 2008; Ballas et al., 2010; Uyar & Güngörmüş, 2013). In total, 210 accounting professionals answered the survey, of whom 144 have made preparations related to the IFRS for SMEs (68.6%), and 142 have taken training for the IFRS for SMEs (67.6%). The findings show that a large percentage of the respondents have attended training related to the IFRS for SMEs. Training is the most widespread activity that is preferred by the accounting professionals to make preparations for IFRS for SMEs. The effects of several characteristics on the preparedness level of the accounting professionals are investigated by employing non-parametric tests. Experience is one of the variables that may affect the preparedness of the accounting professionals for IFRS for SMEs. As the experience of an accounting professional increases, his knowledge in the field of accounting will also increase. More experienced accounting professionals may be more curious about the new accounting frameworks. According to the findings of this study, experience has a significant positive effect on the preparedness of the accounting professionals for the IFRS for SMEs. Further, the experienced accounting professionals have had more training regarding the IFRS for SMEs. On the other hand, education levels of accounting professionals do not affect their preparedness and training of accounting professionals in line with Uyar & Güngörmüş (2013). Details of those findings are presented in Table 3.