Wiley Practitioner's Guide to GAAS 2022

59AT-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
  • Request for a Written Assertion
  • Request for a Written Representation
  • Form of Report on Pro Forma Financial Information
  • Practitioner's Review Report: Unmodified Conclusion
• Illustrations

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 310.03)

This section does not apply to the third type of service engagement in the 200s section: agreed-upon procedure engagements related to pro forma financial information. For those engagements, practitioners should comply with Sections 105 and 215. This section also does not apply to:

• Comfort letters or performing procedures on pro forma financial information in connection with an offering. For those engagements, practitioners should look to the guidance in AU-C Section 920.
• Pro forma financial information presented outside the basic financial statements but within the same document where the practitioner is not engaged to report on the pro forma financial information. In those ...