About the Emerging Economies Group (EEG)
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 IFRS Accounting Standards.
The EEG provides an advisory forum that supports the International Accounting Standards Board (IASB) in achieving its objectives by engaging in technical discussions, contributing to the standard-setting agenda and identifying and sharing application issues and experiences.
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 generally holds 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 accommodation costs. The EEG secretariat (EEG liasion office) is based in Beijing.
