Future-Orientated Financial Information – AASOC

Date recorded:

At its meeting on March 25, 2020, the AASOC received a briefing from Mr. Eric Turner, Director of the AASB staff regarding the impact of the removal of Part V of the CPA Canada Handbook on AuG-6 and AuG-16. He noted that the AASB had simply added a notice to these Audit Guidelines to alert stakeholders of the changes in Part V of the Handbook related to Section 4250. The AASOC concluded that the AASB had followed due process with proper regard for the public interest in developing and approving the amendments to AuG-6 and AuG-16.

Review the minutes on the AASOC's Web site.

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