Assessing IASB

US firms that do get involved in International Accounting Standard Board IASB standard setting assess important methods or channels of involvement quite differently from their European counterparts. For example, 93 percent of american finncial executives consider submitting comment letters effective; only 51 percent of Europeans consider them effective. Similarly diverging assessments apply to field tests and oral testimony at public hearings.

Walter Matti et al, Assessing the IASB, resuts of a business survery about int financial reporting standards and IASB's opertions, accountability, and responsiveness to stakeholders, Oxford Univ

http://www.globaleconomicgovernance.org/docs/ButheMattliExecSummary.pdf