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Executive Summary:

ISSAI 1720 – The Auditor's Responsibilities Relating to Other Information in Documents Containing Audited Financial Statements


This Practice Note provides supplementary guidance on ISA 720 - The Auditor's Responsibilities Relating to Other Information in Documents Containing Audited Financial Statements.

ISSAI Category:

Level 4: General Auditing Guidelines - General Auditing Guidelines on Financial Audit

Target Group:

Public sector external auditors


ISA 720 deals with the auditor's responsibilities relating to other information in documents containing audited financial statements and the auditor's report thereon.

In the absence of any separate requirement in the particular circumstances of the engagement, the auditor's opinion does not cover other information and the auditor has no specific responsibility for determining whether or not other information is properly stated.

Scope - Content:

The Practice Note provides additional guidance for public sector auditors related to

  • Definition of other information
  • Material inconsistencies
  • Material misstatements of fact.

The auditor shall read the other information to identify material inconsistencies, if any, with the audited financial statements. If the auditor identifies a material inconsistency, he shall determine whether the audited financial statements or the other information needs to be revised.

Author - Committee:

INTOSAI Professional Standards Committee – Financial Audit Subcommittee


Approved at XXth Congress of INTOSAI, Johannesburg 2010


Related Documents - Executive Summaries:
Related Documents - ISSAI Full Versions:
Related Documents - Others:

ISA 720 is applicable to auditors of public sector entities in their role as auditors of financial statements.

If revision of the audited financial statements is necessary and management refuses to make the revision, the auditor shall modify the opinion in the auditor's report in accordance with ISA 705 (Modifications to the Opinion in the Independent Auditor's Report).

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