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confirmatory role

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › confirmatory role

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
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  • February 27, 2017 at 7:06 am #374444
    Anonymous
    Inactive
    • Topics: 10
    • Replies: 0
    • ☆

    Dear sir,
    how can i confirm the the accuracy of prediction made by a user?

    February 27, 2017 at 8:58 am #374500
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    You can’t! It’s like asking me to tell you the winning lottery numbers

    What you CAN do is confirm the accuracy of the calculations that a client has carried out

    In addition you can consider the reasonableness on any under-lying assumptions that the client has used in the preparation and calculation of the predictive numbers

    Is that the answer to the question that you are asking?

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  • The topic ‘confirmatory role’ is closed to new replies.

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