The European Commission is holding a public consultation to seek views from all interested parties on their experience of the IAS Regulation (1606/2002).

The Commission is evaluating the IAS Regulation to assess:
– IFRS’s actual effects
– how far they have met the IAS Regulation’s initial objectives
– whether these goals are still relevant
– any areas for improvement.

Any interested party – commercial, public, academic or non-governmental, including private individuals, is invited to reply, especially capital market participants and companies preparing financial statements or using them for investment purposes (whether or not they use IFRS).
The consultation is open until 31 October 2014.