58AT-C 305 Prospective Financial Information
SCOPE
AT-C 305's guidance applies to all examination and agreed-upon procedures engagements on prospective financial information and supplements the guidance in AT-C 105. On every attestation engagement, CPAs must comply with AT-C 105 and one of the service sections. For AT-C 305, CPAs must comply with AT-C 205 on examination engagements or AT-C 215 on agreed-upon procedure engagements. (AT-C 305.01 and .04) See the chapter on the AT-C Preface for more information about the AT-C section structure. Note that a practitioner is prohibited by AT-C standards from performing a review of prospective information. (AT-C 305.05) Prospective financial information included in this section may be prospective financial statements or partial presentations.
DEFINITIONS OF TERMS
See Appendix B, “Definitions of Terms—Attestation Engagements,” for definitions ...