CTHIn ForceLegislation
ASA 706 - Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor's Report - December 2015
ObjectiveObjective
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Objective
- The objective of the auditor, having formed an opinion on the financial report, is to draw users’ attention, when in the auditor’s judgement it is necessary to do so, by way of clear additional communication in the auditor’s report, to:
- A matter, although appropriately presented or disclosed in the financial report, that is of such importance that it is fundamental to users’ understanding of the financial report; or
- As appropriate, any other matter that is relevant to users’ understanding of the audit, the auditor’s responsibilities or the auditor’s report.