|Extent of IFRS application||Status||Additional Information|
|IFRS Accounting Standards are required for domestic public companies||IFRS Standards are not permitted.|
|IFRS Accounting Standards are permitted but not required for domestic public companies|
|IFRS Accounting Standards are required or permitted for listings by foreign companies||Permitted.|
|The IFRS for SMEs Accounting Standard is required or permitted||No.|
|The IFRS for SMEs Accounting Standard is under consideration||No.|
Profile last updated: 16 June 2016
Ministry of Investment and International Cooperation (for private sector companies) and The Central Audit Organization (for public sector companies)
Egyptian Society of Accountants & Auditors (ESAA)
Egyptian Financial Supervisory Authority (EFSA)
Ministry of Investment and International Cooperation: http://www.miic.gov.eg/English/Pages/default.aspx
Egypt Financial Supervisory Authority: http://www.efsa.gov.eg/jtags/efsa_en/index_en.jsp
Ministry of Investment: email@example.com
By Decree No. 110/2015 of the Minister of Investment, Egypt adopted 39 Egyptian Accounting Standards (EAS) to replace the 35 former EAS that had been adopted in 2006 by Decree No. 243/2006. The 39 new EAS include many, but not all, of the principles in the IFRS Standards in the 2013 Bound Volume. The new EAS are effective 1 January 2016. There are differences between EAS and IFRS Standards.
Announcements of the new EAS are here (in English) , and here (in Arabic) . The EAS are also available for download here (in Arabic).