Engagement Reports, Results, Emphasis-of-matter, & Other-matter Paragraphs

Engagement reports provide an overview of the assessment conducted by an auditor or an accounting firm on a client's financial statements; results encapsulate the audit’s findings, often emphasizing the fairness and adherence to applicable accounting standards. Emphasis-of-matter paragraphs draw attention to aspects of the financial statements that are material but do not affect the auditor's opinion, whereas other-matter paragraphs pertain to issues relevant to the user's understanding of the audit, the auditor's responsibilities, or the audit report, without necessarily being part of the audited financial statements.

Lesson Videos

Engagement Reports, Results, Emphasis-of-matter, & Other-matter Paragraphs Overview Engagement Reports, Results, Emphasis-of-matter, & Other-matter Paragraphs Objectives Introduction to Engagement Reports, Emphasis-of-Matter, and Other-Matter Paragraphs The Audit Report Going Concern Issues Example of an Unmodified Auditor's Report Reports to Include in Various Engagements Emphasis-of-Matter and Other-Matter Paragraphs Engagement Reports, Results, Emphasis-of-matter, & Other-matter Paragraphs Summary Engagement Reports, Results, Emphasis-of-matter, & Other-matter Paragraphs Practice Questions

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