Other Information in Documents with Audited Statements

Free CPA AUD (Auditing & Attestation) lesson in Forming Conclusions and Reporting. 15 min read, ~2,180 words.

AU-C 720 governs "other information" in documents containing audited financial statements, typically the annual report. Other information includes MD&A, chairman's letter, selected financial data, and employment data packaged with the audited statements, not the audited FS or the auditor's report. The auditor must read and consider whether the other information...

What this lesson covers

• Content
• Example 1
• Common Mistakes
• Check Your Understanding
• Exam Shortcuts

Learning objectives

• IV.E2

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