An Evaluative Study of Egyptian Accounting Standards Considering The 2024 Amendments: A Theoretical and Philosophical Framework

Within the framework of the continuous improvement of Egyptian accounting standards to keep pace with developments in economic conditions, and to comply with international financial reporting standards, with the aim of improving the quality of financial information and enhancing confidence between investors and business establishments, and in the context of what was issued by the Council of Ministers by Resolution No. 636 of 2024 AD, which stipulates the development of some provisions of Egyptian accounting standards for establishments operating in all production activities and enabling them to accurately present their financial statements in a way that enables sound investment and financing decisions to be made (Hassan, 2024: 24), as the amendments to the Egyptian accounting standards aim to establish the principles that establishments must adhere to in order to provide appropriate information to users of financial reports, as the amendments to the Egyptian accounting standards 2024 AD came by replacing standards No. (13) “Effects of changes in foreign exchange rates”, (17) “Separate financial statements”, and (34) “Real estate investment” in addition to issuing Egyptian accounting interpretation No. (2) “Carbon emission reduction certificates. Keywords: accounting standards – exchange rate – carbon emissions – financial statements