In order to test whether the definitions proposed in the IASB Exposure Draft on the Conceptual Framework are understandable, EFRAG asks you to assess whether nine arrangements give rise to items that would meet the definitions.

The completed questionnaire should be received by EFRAG before 15 December 2015.

The responses will be important input in EFRAG’s assessment of the proposed definitions and the results will be communicated separately to the IASB in the beginning of 2016 (EFRAG’s comment letter in response to the IASB Exposure Draft will be submitted in 2015).

A summary of the responses received will be posted on EFRAG’s website.

Please refer to EFRAG website to downlowd the questionnaire.