Certain situations may arise that will lead an auditor to emphasize information that is associated with an otherwise, unmodified audit report. This information can be outlined in what’s referred to as an emphasis-of-matters paragraph or an other-matters paragraph.
If you’re studying for the CPA Exam and consider yourself more of a visual learner, check out Universal CPA Review’s free trial today!
Learn more about our “Spilt Milk” program: Info@universalcpareview.com
Website: www.universalcpareview.com