Practical Law Canada Glossary 1-575-8746 (Approx. 2 pages)
Glossary
Future Oriented Financial Information (FOFI)
Future Oriented Financial Information or FOFI is forward-looking information about prospective financial performance, financial position or cash flows that is based on assumptions of future economic conditions and courses of action and that is presented in the format of a historical statement of financial position, statement of comprehensive income or statement of cash flows.