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AASB

Compilations of Future-oriented Financial Information Task Force

About Compilations of Future-oriented Financial Information Task Force

The Compilations of Future-oriented Financial Information (FOFI) Task Force provides advice to the AASB on its project to develop a Canadian Standard on Related Services (CSRS) for compilation engagements on FOFI. The new standard will replace Assurance and Related Services Guideline (AuG) 16, Compilation of a Financial Forecast or Projection.

Staff Contact(s)

Svetlana Berger, CPA, CA, MAcc Associate Director, Auditing and Assurance Standards Board

Amalia Spensieri, CPA, CA Principal, Auditing and Assurance Standards Board

Roles & Responsibilities

The roles and responsibilities of the Task Force include the following:

  • identifying key issues;
  • drafting issues papers and early versions of the proposed standard for the AASB’s consideration;
  • developing an exposure draft for public comment;
  • performing consultations with stakeholders to obtain input on the proposals in the exposure draft; 
  • analyzing input received on the exposure draft; and
  • drafting a revised standard based on input received from stakeholders.

Meetings

The Task Force meets privately approximately eight times a year. 

The Task Force discussions serve as a basis for agenda papers presented to the AASB when the Compilations of FOFI project is on the meeting agenda.

Keep up to date on this project via the Compilations of Future-oriented Financial Information project page.

Membership

The Task Force consists of:

  • an AASB member;
  • six members with experience in preparing FOFI, including practitioners from small, medium, and large practices;
  • a member from the public sector; and
  • a member from a CPA provincial body.

Annie Smargiassi

CPA auditrice
Ordre des comptables professionnels agréés du Québec
Montréal, QC
Member(s)

April Andiel

CPA, CA
BDO LLP
Whistler, BC
Member(s)

Jules Hawkins

FCPA, FCA
Hawkins and Co. Accounting
Windsor,
Member(s)

Kirk Robinson

CPA, CA
Office of the Auditor General of Nova Scotia
Halifax, NS
Member(s)

Michael Bolton

CPA, CA
Port Elgin, ON
Member(s)

Michael Ell

FCPA, FCGA
Victoria, BC
Member(s)

Michael Frankel

FCPA auditor
Montréal, QC
Member(s)

Sarah Hicks

CPA, CA
Ascend LLP
Sussex, NB
Member(s)

Joel Humphrey

CPA, CA
Freelandt Caldwell Reilly LLP
Sudbury, ON
Chair