Analysis of Prospective Financial Information (PFI) in terms of international assurance regulations and measuring awareness of PFI by a company practice in Turkey

This study researches the process of preparing and reporting prospective financial information (PFI). In addition, it is aimed to increase the awareness in our country by examining PFI in terms of international assurance practices. In order to reach this aim, the approaches of various countries to the standards were examined and determinations were made regarding legislation in our country. The assurance audit report prepared for the practice example company's prospective financial status has been examined in detail. Furtermore, from the current proforma financial statement preparation methods, regression analysis was selected and used for the projection of the next fiscal year. According to the results of the research, it was understood from the comparisons made with the realizations that the long-term data should be handled as much as possible and detailed information should be obtained about the business and the sector in which the company operates, by the auditor or the prospective information maker. In addition, considering the application examples and regulations, it has been observed that assurance service is a new and open area for development in our country.