Wiley Practitioner's Guide to GAAS 2020

56AT-C 310 Reporting on Pro Forma Financial Information

Scope

Definitions of Terms

Objectives of an Examination Engagement

Objectives of a Review Engagement

Requirements

Preconditions for Examination and Review Engagements

Procedures for Examinations and Review Engagements

Request for a Written Assertion

Request for a Written Representation

Form of Report on Pro Forma Financial Information

Practitioner’s Examination Report on Pro Forma Financial Information: Unmodified Opinion

Practitioner’s Review Report: Unmodified Conclusion

Illustrations

Illustration 1. Practitioner’s Examination Report on Pro Forma Financial Information at Year-End with a Review of Pro Forma Financial Information for a Subsequent Interim Date: Unmodified Opinion and Unmodified Conclusion

Illustration 2. Practitioner’s Examination Report: Qualified Opinion Because of a Scope Limitation

Illustration 3. Practitioner’s Examination Report: Qualified Opinion Because of Reservations about the Propriety of the Assumptions

Illustration 4. Practitioner’s Examination Report: Disclaimer of Opinion Because of a Scope Limitation

SCOPE

AT-C 310 applies to reports on an examination or a review of pro forma financial information, except for those listed below, and supplements the guidance in AT-C 105. (AT-C 310.01) For AT-C 310, CPAs must also comply with AT-C 205 on examination engagements or AT-C 210 on review engagements. See the chapter on the AT-C Preface for more information on the AT-C section structure. (AT-C ...