PFI

(redirected from Prospective Financial Information)
AcronymDefinition
PFIPay for Inclusion (web search engines)
PFIPrivate Finance Initiative
PFIPrivate Finance Initiative (UK)
PFIPriority for Improvement (various organizations)
PFIPower Factor Improvement
PFIPrison Fellowship International
PFIPort Fuel Injection
PFIPartition from Image
PFIPay for Inclusion
PFIPort Fuel Injection (engines)
PFIPractical Farmers of Iowa
PFIPet Food Institute
PFIPublic Finance Initiative
PFIPrimary Financial Institution
PFIPipe Fabrication Institute
PFIPersonnel Force Innovation (US DoD)
PFIPellet Fuels Institute
PFIPaul Frank Industries (California)
PFIPagan Federation International
PFIPresence From Innovation LLC
PFIPartnerships for Inclusion
PFIPro-Forma Invoice (Customs)
PFIProspective Financial Information
PFIPharma Foods International (Japan)
PFIPandemic Flu Information (forum)
PFIPatapsco Female Institute (Maryland)
PFIPermanent Functional Impairment
PFIPublic Financial Institution (India)
PFIPerformance Feel Index (automotive engineering)
PFIPrismaflex International
PFIPerformance Factor Interview
PFIPill-Free Interval (combined oral contraceptive pill)
PFIPower Fail Interrupt
PFIPayload FCS (Frame Check Sequence) Indicator
PFIPurolator Facet, Inc. (Franklin, TN)
PFIPastoral Formation Institute
PFIProgrammable Function Input
PFIPositive Financial Impact
PFIPagtinabangay Foundation, Inc.
PFIPersonal Finance Initiative
PFIPre-Fire Inspection
PFIPartial Frame Image
PFIPrivate Fax Interface
PFIPristane Formation Index (molecular maturity parameter)
References in periodicals archive ?
The AICPA Guide for Prospective Financial Information states: "Assumptions are the essence of developing financial forecasts and are the single most important determinant of such statements.
This prospective financial information generally is a forecast or projection of an entity's financial position, results of operations, and cash flows.
Prospective financial information is any financial information about The future.
Although highly judgmental, this factor more often than not is critical in deciding when a presentation of prospective financial information may be labeled a financial forecast.
The new model defines attest services to include audits, reviews, compilations and examinations of prospective financial information performed in accordance with applicable professional standards.
In 1985, after years of study and debate within the profession, the AICPA issued its statement on standards for accountants' services on prospective financial information, "Financial Forecasts and Projections," and in 1986 issued an accompanying document, "Guide for Prospective Financial Statements.
However, auditors exercising their professional judgment might ask management to prepare such prospective financial information.
Statement on Standards for Accountant's Services on Prospective Financial Information states that in performing a compilation of prospective financial statements the accountant should "confirm his understanding of the statements (including assumptions) by obtaining written representations from the responsible party.
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