Examination of Prospective Information
Providing Assurance on Future-Oriented Information
Practitioners may examine prospective financial information under SSAE to determine whether the assumptions provide a reasonable basis and whether the information is presented in conformity with professional standards.
- Evaluate management's assumptions.
- Assess consistency of presentation.
- Determine conformity with applicable guidance.
- Express an opinion on the presentation and assumptions.
Note
The practitioner does not guarantee that forecasted results will actually be achieved.
Summary
An examination evaluates the reasonableness of assumptions—not the certainty of future outcomes.