Emphasis of matter: Difference between revisions
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In certain circumstances financial statements may contain information about a matter which has been appropriately presented or disclosed, but which the auditors deem to be fundamental to the users’ understanding of the financial statements as a whole.<br /> | In certain circumstances financial statements may contain information about a matter which has been appropriately presented or disclosed, but which the auditors deem to be fundamental to the users’ understanding of the financial statements as a whole.<br /> | ||
The auditors will draw attention to this matter in their auditors' report of their opinion.<br /> | The auditors will draw attention to this matter in their auditors' report of their opinion.<br /> | ||
This part of the auditors' opinion is known as an ‘emphasis of matter’. | This part of the auditors' opinion is known as an ‘emphasis of matter’. | ||
== See also == | == See also == | ||
*[[Auditors’ report]] | *[[Auditors’ report]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Latest revision as of 20:06, 30 June 2022
In certain circumstances financial statements may contain information about a matter which has been appropriately presented or disclosed, but which the auditors deem to be fundamental to the users’ understanding of the financial statements as a whole.
The auditors will draw attention to this matter in their auditors' report of their opinion.
This part of the auditors' opinion is known as an ‘emphasis of matter’.
