Section 4: 10–20%A16
Other Reporting Considerations
Exam Insight
Beyond the standard audit report, the CPA exam tests special reporting situations: comparative financial statements, other information in documents, subsequent discovery of facts, and special purpose frameworks. These less-common scenarios appear frequently on the exam.
What AICPA Wants You to Know
- 1Apply reporting requirements for comparative financial statements
- 2Understand the auditor's responsibility for other information in documents containing audited statements
- 3Handle subsequent discovery of facts existing at the report date
- 4Report on financial statements prepared using special purpose frameworks
- 5Understand reporting on supplementary information