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Investment Funds Standing Committee Members Status report
Project proposal – April 2009
Work commenced – October 2009
Estimated completion – December 2011
| Staff contact
John Tang, CA, MAcc
research.studies@cica.ca
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Project objective and terms of reference
The objective of the CICA Investment Funds Standing Committee is to consider and provide guidance on matters that are pertinent to investment funds with regard to risk management and governance, the transition to International Financial Reporting Standards (IFRS) and the future role of financial reporting by investment funds in Canada. The CICA Investment Funds Standing Committee will: - update, on a timely basis, guidance on risk management and governance matters;
- update, on a timely basis, guidance on transition issues identified in the migration from Canadian accounting and financial reporting standards to International Financial Reporting Standards (IFRS) and, thereafter, ongoing financial reporting matters;
- communicate that guidance to interested parties (for example, through website postings and seminars jointly sponsored by the Canadian Institute of Chartered Accountants and the Investment Funds Institute of Canada);
- develop a vision for the future role of financial reporting by investment funds in Canada.
Guidance on Financial Reporting Financial Reporting by Investment Funds - Second Edition (July 2009) Investment Funds Update - Bulletin 1 (December 2009) Investment Funds Update - Bulletin 2 (March 2010) National Instrument 81-106 - Investment Fund Continuous Disclosure (Notice and Request for Comments - October 16, 2009) Migrating to IFRS Guidance on Risk Management and Governance Assessing Risks & Controls of Investment Funds - Second Edition (July 2009) Investment Fund Risk / Control Framework (July 2009) |
