Many queries have been received on whether CMA data, projections, etc. can be certified by a Chartered Accountant.
 
The answer is – Yes, it can be certified under SAE 3400: The Examination of Prospective Financial Information.
 
We must note that Prospective Financial Information contains projections/forecasts involving uncertainty and therefore adequate care MUST be taken on the type of assurance given.
 
Here is the ViShare snippet which provides important & key highlights on guidance given in SAE 3400.