The International Accounting Standards Board
(IASB) UK have released a questionnaire in addition to their usual
exposure draft.

The questionnaire, available since 24 May, is
intended to solicit input on the proposals in the exposure draft on
the fair value option (FVO).

Targeted at analysts, the questionnaire’s
objective is to contribute to a comprehensive programme of outreach
activities to all International Financial Reporting Standards
(IFRS) constituents.

IASB’s director of corporate communications
Mark Byatt said: “Typically the user community does not write
comment letters. This survey is an easy way for users to respond to
us and in addition we have asked questions that are relevant to
their role rather than broader accounting questions.”

This is not the first questionnaire undertaken
by the organisation. The first user survey was in December 2009 and
was used to get feedback on own credit.

In addition, the IASB is also encouraging all
parties to submit a comment letter to the exposure draft by 16
July, the deadline date for the questionnaire.