Future- Orientated Financial Information – AASB

Date recorded:

At its meeting on March 9-10, 2020, the AASB unanimously approved a notice that will be placed in AuG-6 and AuG-16 This notice was necessary because of the Board’s decision to remove Section 4250 from the CPA Canada Handbook – Accounting and retain the content as non-authoritative guidance for future-oriented financial information in the CPA Canada Standards and Guidance Collection. The AASB unanimously agreed not to expose the notice for public comment because it was developed in response to the AcSB’s decision and there are no other choices for the AASB. Once AASOC confirms that the AASB followed due process with proper regard for the public interest, it is expected the notice in AuG-6 and AuG-16 will be issued to the CPA Canada Handbook – Assurance in June 2020.

Review the executive summary on the AASB's Web site.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.