ISAE 3400 — The Examination of Prospective Financial Information
ISAE 3400 addresses engagements to examine prospective financial information, including the assumptions on which the information is based and the presentation and reporting of the examination. Procedures and conclusions depend on the nature of assumptions and engagement circumstances.
Worked example
A practitioner examines a management cash-flow forecast, assessing the support for assumptions and explaining the scope of the report.
Common mistake
A forecast examination does not guarantee that forecast results will be achieved.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | AAA (INT) | Supporting | September 2026–June 2027 |