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Tuesday 21 October 2014

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Advisory bodies

 About the Emerging Economies Group


The Emerging Economies Group (EEG) was created in 2011 at the direction of the IFRS Foundation Trustees, with the aim of enhancing the participation of emerging economies in the development of IFRSs.

The EEG focuses on issues around the application and implementation of IFRSs in emerging economies. In addition, the group may also consider if, and how, the IASB could provide educational guidance at the right level for interested parties in emerging economies' and what the best delivery system for this would be. However, the remit of the EEG may evolve over time.

Topics for discussion are selected by the Chair and Vice-Chair, with the advice of EEG members. Possible topics include common control transactions and issues surrounding foreign currency translation, for instance.

Meetings and related information

The EEG plans to hold two meetings each year, which will take place in one of the member countries. Host countries carry the organisational costs of the meeting. However, group members are responsible for their own travel and lodging costs. The EEG secretariat is based in Beijing.

All meetings are held in public. Meeting notes are made available on the IASB's meeting diary webpage.

To be kept up to date of forthcoming meetings and other related news, sign up to the EEG email alert:

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