Other information in an annual report
Other information is financial or non-financial information, other than the audited financial statements and auditor’s report, included in an entity’s annual report. The auditor reads and considers it under the applicable standard and responds to material inconsistencies or misstatements.
Worked example
The auditor compares a narrative claim of revenue growth with audited results showing a decline and investigates the inconsistency.
Common mistake
The audit opinion on financial statements does not automatically provide a separate assurance opinion on all other information.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | AAA (INT) | Direct | September 2026–June 2027 |