Emotional intelligence and Emphasis of matter: Difference between pages

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imported>Doug Williamson
(Add abbreviation. Source: The Treasurer, September/October 2017, p45.)
 
imported>Doug Williamson
(Classify page.)
 
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(EI).
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 />


Emotional intelligence includes the ability to identify and manage our own emotions, and to work effectively with the emotions of other people.  
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’.




The concept was popularised by Daniel Goleman in his 1995 book ''Emotional intelligence''.
== See also ==
*[[Auditors’ report]]


Sometimes known as 'EQ' (Emotional Quotient), an analogy with IQ (Intelligence Quotient).
[[Category:Accounting,_tax_and_regulation]]
 
 
Emotional intelligence comprises three related skills:
 
#Emotional awareness, including the ability to identify our own emotions and those of others.
#The ability to harness emotions, and apply them to tasks like thinking and problem-solving.
#The ability to manage emotions, including the ability to regulate our own emotions, and to influence the emotions of other people.
 
 
==See also==
* [[ACT Competency Framework]]
* [[Agile]]
* [[Behavioural skills]]
* [[Gravitas]]
* [[Myers-Briggs]]
* [[Working effectively with others]]

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’.


See also

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