Other Matter Paragraphs in the Auditor's ReportBy: MATAAC, Gladys G.

Emphasis-of-Matter ParagraphA paragraph included in the auditor's report that is required by GAAS, or is included at the auditor's discretion, and that refers to a matter appropriately presented or disclosed in the financial statements that, in the auditor's professional judgment, is of such importance that it is fundamental to users' understanding of the financial statements.Source: SAS No. 12

Other Matter ParagraphA paragraph included in the auditor's report that is required by GAAS, or is included at the auditor's discretion, and that refers to a matter other than those presented or disclosed in the financial statements that, in the auditor's professional judgment, is relevant to users' understanding of the audit, the auditor's responsibilities, or the auditor's report.Source: SAS No. 12

Other MatterThe auditor shall include this paragraph immediately after the Opinion paragraph and any Emphasis of Matter paragraph.Source: SAS No. 12

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Communication with Those Charged with Governance

Comparative Information- Corresponding Figures and Comparative Financial Statements The Nature of Comparative Informationdepends on the requirements of the applicable financial reporting framework.2 Broad ApproachesCorresponding figuresComparative financial statements

Audit ProceduresThe auditor shall evaluate whether:The comparative information agrees with the amounts and other disclosures presented in the prior period or, when appropriate have been restated.

The accounting policies reflected in the comparative information are consistent with those applied in the current period or, if there have been changes in accounting policies, whether those changes have been properly accounted for and adequately presented and disclosed.