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Chapter 10 3 4

A separate section is included in the auditor's report under the heading ‘Other
Information’ which:

 Identifies the other information obtained by the auditor prior to the date of the
auditor's report.

 States that the auditor has not audited the other information and accordingly
does not express an opinion or conclusion on that information.

 Includes a description of the auditor’s responsibilities with respect to the other
information.

 States either that the auditor has nothing to report, or, a description of the
material misstatement if applicable.

Position in the auditor's report

The Other Information section is included in the auditor's report below the Basis for
Opinion and Key Audit Matters section (if applicable) and above the Responsibilities
of Management

Tutorial notes:

 Misstatement of other information exists when the other information is
incorrectly stated or otherwise misleading (including because it omits or
obscures information necessary for a proper understanding of a matter).

 Material misstatements or inconsistencies in the other information may
undermine the credibility of the financial statements and the auditor’s report.

 The auditor must not be knowingly associated with information which is
misleading.

 The auditor must retain a copy of the final version of the other information on
the audit file.

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