Report of the Emerging Economies Group May 2023

The Emerging Economies Group (EEG) was established in 2011 at the direction of the IFRS Foundation Trustees, with the aim of enhancing the participation of emerging economies in the development of IFRS Standards. The members of the EEG are nominated National Standard-Setters (NSS) from emerging economies.

This Report provides a summary of the 25th Emerging Economies Group (EEG) virtual meeting held on 10–11 May 2023.

The EEG meeting was chaired by Jianqiao Lu, a member of the International Accounting Standards Board (IASB).

Topics included:

Amendments to Classification and Measurement of Financial Instruments;
Carbon Offset;
Climate-related Risks in Financial Statements;
Primary Financial Statements;
Subsidiaries without Public Accountability: Disclosures
Business Combinations under Common Control; and
Updates on IASB and IFRS Interpretations Committee activities.

Access the report and previous reports.

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