AuG-16, Compilation of a Financial Forecast or Projection

Ef­fec­tive date:

February 1, 1993

[This Guideline is to be read in conjunction with the Preface to the CPA Canada Handbook – Assurance.]


AuG-16, Compilation of a Financial Forecast or Projection, deals with services provided by public accountants for those who require assistance in compiling a financial forecast or projection, but who do not require that the public accountant provide assurance concerning such future-oriented financial information. In such engagements, the public accountant receives information from management and compiles a financial forecast or projection. This Guideline provides the minimum standards and procedures a public accountant should meet when compiling a financial forecast or projection.

His­tory of AuG-16




June 2020

AuG-16 refers to Section 4250. On March 1, 2020, the AcSB removed Part V from the CPA Canada Handbook – Accounting, which included Section 4250. The AcSB has, however, retained the content from Section 4250 as non-authoritative guidance for future-oriented financial information in the CPA Canada Standards and Guidance Collection.

No change has been made to this Guideline as a result of the change by the AcSB. Therefore, this Assurance and Related Services Guideline is to be adapted as necessary in the circumstances.

Note: Our history summary does not take into account consequential amendments made as the result of other projects.

Amendments under consideration

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