This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Emerging Economies Group update

Date recorded:

Emerging Economies Group Activities (Agenda Paper 28)


In this session, the staff provided an update on the engagement with the Emerging Economies Group (EEG). The 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.

Participants at the May 2018 meeting discussed IFRS 16 Leases, involuntary common infrastructure cost, digital currencies, accounting for micro-entities, accounting for private entities, accounting for subsidiary entities, initial feedback on the implementation of IFRS 9 in emerging economies, consolidation of not-for-profit entities, and presentation of current/non-current assets. The full report can be found on the IASB website.

Staff recommendation

The staff did not recommend any decisions for this meeting.


There was no significant discussion in this session.


No decisions were made.

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.