In this article is embodied Reflection General Aspects and Impacts form an enterprise level , imply that implementing the International Financial Reporting Standards (IFRS ) for Small and Medium Enterprises ( SMEs) in our country, using as a research method references Critical literature of the respective authors subject Answer Many Questions Taking a Company that at this moment are in the obligation of Embracing the already standard ; Referring to Questions tales as when and who think the standard? What I do think? What Effects child to make implementing? Among other questions to discuss the issue, in order to highlight the importance, benefits, advantages of using IFRS in business.