CTHRepealedLegislation
ASA 720 - The Auditor’s Responsibilities Relating to Other Information in Documents Containing an Audited Financial Report - October 2009
Reading Other Information (Ref: Para. 7)Reading Other Information (Ref: Para. 7)
Start here
Get a plain-English read of Reading Other Information (Ref: Para. 7)
Turn the raw legal text into a practical explanation grounded in ASA 720 - The Auditor’s Responsibilities Relating to Other Information in Documents Containing an Audited Financial Report - October 2009.
Reading Other Information (Ref: Para. 7)
- Obtaining the other information prior to the date of the auditor’s report enables the auditor to resolve possible material inconsistencies and apparent material misstatements of fact with management on a timely basis. An agreement with management as to when the other information will be available may be helpful.