Page 225 - AAA Integrated Workbook STUDENT S18-J19
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Prospective financial information
Level of assurance
Due to the uncertainty surrounding forecasts and projections, and due to the limited
nature of the procedures performed during the accountant's review, only limited
assurance can be offered for PFI engagements.
The conclusion will be expressed negatively, i.e. 'Nothing has come to our attention
to suggest the assumptions used in the forecast don't provide a reasonable basis for
the forecast'.
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