In 2010, EFRAG and the European National Standard Setters jointly organized meetings in ten European cities to assist the IASB in gathering the views of European constituents on the tentative decisions included in the IASB staff draft of the Exposure Draft “Financial Statement Presentation” (the Draft ED). The public meetings were held in Amsterdam, Helsinki, Oslo, Stockholm, Madrid, Rome, Warsaw, Frankfurt, London and Paris between September and early December 2010. An additional, non-public meeting was held in Basel.

Overall, 484 constituents participated in these meetings. European constituents were also invited to provide their feedback on the Draft ED using an online questionnaire. Overall, 133 constituents completed the questionnaire, including 24 constituents who did not participate in the meetings.

This feedback report summarises views of the European constituents on a number of issues in relation to the Draft ED. The feedback report includes a summary of views expressed, detailed notes taken at each event and an appendix with the detailed results of the questionnaire. The feedback received from the European constituents on individual issues was generally consistent with EFRAG’s preliminary views on the subject.

As part of the outreach activities on this project, EFRAG also issued a consultation paper outlining its preliminary views on the tentative decisions included in the Draft ED. Comments on the paper are invited by 30 April 2011. EFRAG will issue a separate feedback report summarising the comments received on the paper once the comment period is closed.

EFRAG would like to thank the National Standard Setters for helping organizing the outreach events and all participants for making their contribution to the project!
Document: EFRAG outreach on Financial Statement Presentation - feedback on meetings.pdf