Reporting Performance Measures

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Dec 02, 2021

On December 2, 2021, the Accounting Standards Board (AcSB) issued a revised Framework for managers, directors and users. This initiative's objective is to help improve the quality of financial and non-financial performance measures reported by leveraging the Framework.

Framework for Reporting Performance Measures, a voluntary guidance to enhance the relevance of financial reporting.

The Framework was created to help entities – from public to private companies, to not-for-profits and pension plans – improve the quality of financial and non-financial performance measures they choose to report outside of the financial statements. The Framework sets out what we think is best practice guidance for:

  • selecting, developing and reporting performance measures; and
  • implementing and maintaining controls and governance practices

Review the press release and resources on the AcSB's website.

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