Emphasis of Matter or Other Matter Paragraph Selector
Distinguish an emphasis-of-matter paragraph from an other-matter paragraph using where the matter is presented and why it matters to users. A required opinion modification takes precedence and must not be replaced by either paragraph.
Description
Additional report paragraphs and opinion modifications address different reporting needs.
Additional report paragraphs and opinion modifications address different reporting needs. A required modification cannot be replaced by a paragraph.1
The returned values include Report treatment. The How section below explains the calculation, input rules and interpretation.
When to use Emphasis of Matter or Other Matter Paragraph Selector
Use Emphasis of Matter or Other Matter Paragraph Selector when you need to evaluate the supplied records under the calculation and evidence rules below. No appropriateness of disclosure, report wording or professional opinion conclusion is established.
Prepare source-backed observations and the applicable engagement policy before entering facts. Use consistent monetary units and periods. Supply all boolean evidence flags explicitly, and treat a successful screen as a reason to continue professional review.
How to use Emphasis of Matter or Other Matter Paragraph Selector and understand its results
- Prepare source-backed observations and the applicable engagement policy before entering facts. Use consistent monetary units and periods. Supply all boolean evidence flags explicitly, and treat a successful screen as a reason to continue professional review.
- Enter fundamentalToUnderstandingFinancialStatements, matterPresentedOrDisclosed, otherMatterRelevantToUsers, requiresModifiedOpinion using the field table and calculation rules, then run the tool.
- Read selection. The explanation below defines the units, signs, ordering and any flags or placeholder values.
- If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.
| Input field | Meaning | Value type; see rules below | Requirement |
|---|---|---|---|
| fundamentalToUnderstandingFinancialStatements | Fundamental to understanding statements | boolean | Required |
| matterPresentedOrDisclosed | Matter presented or disclosed | boolean | Required |
| otherMatterRelevantToUsers | Other matter relevant to users | boolean | Required |
| requiresModifiedOpinion | Requires modified opinion | boolean | Required |
Validate four booleans. Reject fundamental-to-understanding true when matter not presented/disclosed, even if modification required. Otherwise modification true returns modified_opinion; emphasis is presented AND fundamental. Combine emphasis/other relevance into both/emphasis/other/no section.
modified-opinion branch precedes additional-paragraph selection after validation Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.
| Output field | Meaning | Value type |
|---|---|---|
| selection | Report treatment | string; one of "both", "emphasis_of_matter", "modified_opinion", "no_additional_section", "other_matter" |
{
"input": {
"fundamentalToUnderstandingFinancialStatements": true,
"matterPresentedOrDisclosed": true,
"otherMatterRelevantToUsers": false,
"requiresModifiedOpinion": false
},
"output": {
"selection": "emphasis_of_matter"
}
}Limitations and assumptions
No appropriateness of disclosure, report wording or professional opinion conclusion is established.
Numeric inputs, where present, must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Missing fields without a declared default, extra fields, wrong value types and violations of the calculation rules are input errors.
Alternative or Complementary methods
Use Qualified Adverse Disclaimer Opinion Condition Crosswalk: Opinion modifications distinguish material misstatement from inability to obtain sufficient evidence. Materiality and pervasiveness shape the entered-facts crosswalk. For a complementary task, use Unmodified Opinion Core Report Elements Checklist: An unmodified report can contain several required sections beyond an obsolete fixed paragraph count. An other-matter section is conditional in this checklist.
References
Similar or alternative tools
- Qualified Adverse Disclaimer Opinion Condition Crosswalk
Opinion modifications distinguish material misstatement from inability to obtain sufficient evidence. Materiality and pervasiveness shape the entered-facts crosswalk.
- Unmodified Opinion Core Report Elements Checklist
An unmodified report can contain several required sections beyond an obsolete fixed paragraph count. An other-matter section is conditional in this checklist.