While investors may identify audited financial statements as the critical foundation used for financial analysis and decision making, it is believed that the financial statements themselves constitute less than 20 per cent of all information used in financial analysis. CPA Canada and staff of the Audit and Assurance Standards Board are seeking your input on assurance over information outside the financial statements.

Objective and scope of the sessions

The focus of the discussion will be on assurance over a company's key performance indicators, including:

• non-GAAP financial measures
• other financial measures (i.e. financial measures that are not GAAP or non-GAAP measures)
• non-financial measures or operating measures

Participants will be asked for their views on the auditability of the recently released for comment Accounting Standards Board’s (AcSB) Framework on Reporting Performance Measures and the Canadian Securities Administrator (CSA) Rule (anticipated to be released for comment in September 2018).