Questions that remain unanswered are: How could the development of IAS 39, despite
the dialogue with third parties, lead to a standard that was considered so unacceptable
to its constituents that the IASB waived its due process and gave in to the demands of
the E.U.? Do parties, external to the organisation, have an influence over the decisions
of the IASB and are these reflected in the due process? What constituents exert the
most influence? Answering these questions will gauge an understanding of how the
due process is facilitating influence over the standards and how this compares to the
pressures that the organisation face outside of its due process