Other matter paragraph
An other matter paragraph refers to a matter other than those presented or disclosed in the financial statements that is relevant to users’ understanding of the audit, the auditor’s responsibilities or the auditor’s report. Its use is subject to applicable reporting requirements.
Worked example
A report refers to a matter concerning the audit that is not part of the financial statements, where the standard permits or requires it.
Common mistake
Do not use an other matter paragraph as a substitute for correcting inadequate financial-statement disclosure or for a required modified opinion.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | AA | Direct | September 2026–June 2027 |
| ACCA | AAA (INT) | Direct | September 2026–June 2027 |