Wiley Practitioner's Guide to GAAS 2018, 2nd Edition

AT-C 310 Reporting on Pro Forma Financial Information

Original Pronouncement

Source

Statement on Standards for Attestation Engagements (SSAE) 18.

Applicability

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 Section 105. For Section 310, CPAs must also comply with Section 205 on examination engagements or Section 210 on review engagements. See the chapter on the AT-C Preface for more information on the AT-C section structure. (AT-C 310.04)

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 situations, practitioners should look to the guidance in AU-C Sections 720 and 925.
• Transactions consummated after the balance sheet date reflected in the historical financial statements.
• The applicable financial reporting framework that requires the presentation ...