Appendix No. 43

to the Order of the Ministry of Finance of the Russian Federation of January 9, 2019 No. 2n

The international standard of the tasks providing confidence 3400 (before MSA 810) "Check of forecast financial information"

The International Standard of the Tasks Providing Confidence (ISTPC) 3400 "Check of forecast financial information" should be considered together with the Preface to the Collection of International standards of quality control, audit, survey checks, the other tasks providing confidence, and tasks on rendering the accompanying services in which requirements to application MSZOU and the sphere of their application are established.

Introduction

1. The purpose of this The International Standard of the Tasks Providing Confidence (ISTPC) is establishment of standards and provision of instructions for task performance for check of forecast financial information and release of the corresponding conclusions, including procedures of check of the assumptions based on the most exact assessment and hypothesis. This standard is not applied to check of the forecast financial information stated in the generalized or descriptive type, for example in the Section of the annual statement of the organization in which the analysis and assessment is provided by management of financial position and results of activities though many of the procedures specified in it can be suitable for such check.

2. During task on check of forecast financial information the auditor shall obtain sufficient competent evidences of the following factors:

(a) the fact that the management assumptions based on the best assessment, which are the cornerstone of forecast financial information cannot be acknowledged unreasonable, and hypotheses (in the presence of such) answer the purpose of information;

(b) whether forecast financial information properly based on assumptions is prepared;

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