Prospective Financial Information Guide: Audit and Accounting Guide 2012

Ensure you have the ONLY authoritative guidance available related to Prospective Financial Information. AICPA created the standards you live by, why get your guidance and interpretation from any other source?

The 2012 Prospective Financial Information Guide provides information for entities that prepare prospective financial information, as well as practitioners who compile, examine and perform other agreed upon procedures on prospective financial information.

This Audit Guide is fully updated for the new clarified auditing standards, enabling auditors to begin updating their audit methodologies, resources, and tools. It includes relevant guidance contained in applicable standards and other technical sources. Illustrative engagement letters, representation letters and sample reports are also included. The appendixes include excerpts from the SEC rules regarding financial projections and IRS regulations regarding tax shelter opinions. All content is reviewed by industry experts and the appropriate AICPA senior committee.

Updates significant to this edition include technical guidance contained in: SSAE No. 17, Reporting on Compiled Prospective Financial Statements when the Practitioner's Independence is Impaired