Future-orientated Financial Information – AASB

Date recorded:

At its meetings on October 15 and 18, 2021, the AASB discussed issues related to the development of a new Canadian Standard on Related Services (CSRS) on compiling FOFI. Key issues discussed included: (i) the scope of the new CSRS; (ii) the description of a FOFI compilation engagement; (iii) the practitioner’s knowledge of the entity and its environment; and (iv) the implications of the absence of a FOFI accounting framework.

Review the Executive Summary on the AASB's Web site.

Related Interpretations

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.