Video: Engagement Reports, Results, Emphasis-of-matter, & Other-matter Paragraphs Objectives

This lesson focuses on the proper form and content of auditor's and practitioner's reports for issuers and non-issuers, paying specific attention to the appropriate usage of emphasis-of-matter, other-matter, and explanatory paragraphs. Nick Palazzolo, CPA, emphasizes the importance of understanding the scenarios in which each type of paragraph should be used, preparing learners for potential SIM questions on this subject. The lesson also covers drafting an auditor's report and provides examples for issuers and non-issuers, highlighting key points and language from the AICPA-approved reports to make the learning process efficient and effective.