The IASB discussed the staff's summary of feedback received in response to the Board's Request for Views Agenda Consultation 2011, which was published in July 2011 with comments due by 30 November 2011.
The feedback reported to the Board was developed on the basis of the 245 comment letters received, the results of an on-line survey of investors and feedback received from outreach activities undertaken by Board members and staff members.
The staff did not make any recommendations and the Board was not asked to make any technical decisions. The Board noted that these papers would also be presented to the IFRS Advisory Council in February. The Board requested that the staff should do further research to clarify some matters raised in the comment letters and suggested further ways in which the priorities for standards-level projects could be assessed. The Board expects to discuss a development plan in March