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The other matter paragraph in audit report – meaning and explanation

Other matter paragraph is the paragraph included in the auditor’s report that refers to the matter other than those presented or disclosed in the financial statements that in auditor’s judgement, is relevant to users understanding of the audit, the auditor’s responsibilities or the auditor’s report.

inclusion of other matter paragraph in the auditor’s report does not qualify the auditor’s opinion.
example of issues which can lead to other matter paragraph include;

  • Restriction on distribution of the auditor’s report
  • Inability of auditor to withdraw from audit engagement
  • Auditor auditing more than one set of financial statements

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