On 26 July 2011, the IASB launched a public consultation to seek broad public input on the strategic direction and overall balance of its future work program.

On 11 August 2011, EFRAG issued its draft comment letter in response to the agenda consultation document.

The objective of the European outreach events, organised by EFRAG in partnership with the National Standard Setters and the European Commission, was to inform European constituents of, and obtain their feedback on, the direction taken by the IASB in its agenda consultation document and EFRAG in its draft comment letter. Feedback statements were issued after each outreach event.

On 5 December 2011, EFRAG issued its final comment letter in response to the IASB Agenda Consultation 2011 Request for views. In finalising its comment letter, EFRAG has considered the feedback received from 190 participants who participated in the survey and attended the various outreach events, as well as the views expressed in the 29 comment letters received from constituents in response to EFRAG’s draft comment letter. The feedback received from the outreach events on the key messages was generally consistent with EFRAG’s preliminary views and the feedback received from the European constituents.

EFRAG would like to thank the National Standard Setters and the European Commission for hosting the various events and the IASB and all constituents who attended the meetings for their participation.