- This topic has 1 reply, 2 voices, and was last updated 7 years ago by
.
- Posts
in audit report modified report with unmodified opinion is given during 3 instances
1. emphasis of matter paragraph
2. material uncertainty related to going concern paragraph
3. other information para related to material inconsistency.is this correct ? does other matter come in this section
This is from the IFAC.org website:
https://www.ifac.org/system/files/downloads/a038-2010-iaasb-handbook-isa-706.pdf
“Other Matter Paragraphs in the Auditor’s Report
8.
ISA 706
If the auditor considers it necessary to communicate a matter other than those that are presented or disclosed in the financial statements that, in the auditor’s judgment, is relevant to users’ understanding of the audit, the auditor’s responsibilities or the auditor’s report and this is not prohibited by law or regulation, the auditor shall do so in a paragraph in the auditor’s report, with the heading “Other Matter,” or other appropriate heading. The auditor shall include this paragraph immediately after the Opinion paragraph and any Emphasis of Matter paragraph, or elsewhere in the auditor’s report if the content of the Other Matter paragraph is relevant to the Other Reporting Responsibilities section”Paragraphs A10 and A11 are also relevant to your question re “other matters”
I believe that that answers you
OK?
- The topic ‘report’ is closed to new replies.