ACCA AAA ^INT Syllabus F. Other Assignments - Accepting a PFI engagement - Notes ^{3 / 4}

These are:

1. Who will use the information? 

   Internal or External?

   If it's 3rd parties for investment decisions - more risky for the auditor

2. What assumptions have been made?

   Best-estimates and assumptions may have little basis and will lead to higher risk

3. What elements are included in the information?

   The auditor must understand the information

4. How long is the period covered?

   Short term forecasts are more reliable than long term

5. Will the information be for general or limited distribution