The European Financial Reporting Advisory Group (EFRAG), the European Federation of Financial Analysts Societies (EFFAS) and the Association Belge des Analystes Financiers (ABAF), and the International Accounting Standards Board (IASB) have issued a summary report related to their joint outreach event held on 1 July 2015 related to Exposure Draft ED/2015/3 ‘Conceptual Framework for Financial Reporting’.