New TQAs Address Auditor Reporting of Other Information Included in Annual Reports
The AICPA recently issued new Technical Questions and Answers (TQAs) related to auditor reporting on supplemental information included in company annual reports.
The TQAs, which offer nonauthoritative guidance, address issues related to auditor reporting when the entity issues its annual report subsequent to its financial statements. TQA Sections 9165.01-.03 provide guidance on the following:
- The auditor's reporting responsibilities on the other information when the auditor obtains the other information after the date of the auditor's report on the financial statements
- Potential reissuance of the auditor's report on financial statements to address other information obtained after the original report date
- Dating a reissued auditor's report to address other information obtained after the original report date
For more information, see TQA Sections 9165.01-.03 on the AICPA website.