CICA definition
Examples of CICA in a sentence
In 2010, the CICA Handbook was revised to incorporate International Financial Reporting Standards (“IFRS”), and require publicly accountable enterprises to apply such standards effective for years beginning on or after January 1, 2011.
Various changes have been made to other sections of the CICA Handbook for consistency purposes.
These standards replace CICA 3861, Financial Instruments – Disclosure and Presentation.
Related-party debt – Refer to the CICA Handbook for the definition of “related party” for publicly accountable enterprises.
Standardized free cash flow is a non-GAAP measure recommended by the CICA in its 2008 interpretive release, Improved Communication with Non-GAAP Financial Measures: General Principles and Guidance for Reporting EBITDA and Free Cash Flow, and is designed to enhance comparability.