Audit and assurance alert: CAS 720 Other information

Audit and Assurance Alert: CAS 720, The Auditor's Responsibilities Relating to Other Information raises awareness about the requirements pertaining to auditor's responsibilities relating to other information, whether financial or non-financial information (other than financial statements and the auditor's report thereon), included in an entity's annual report. These revisions are effective for audits of financial statements for periods ending on or after December 15, 2018.

Topics include:

• what other information is
• requirements regarding obtaining, reading and considering the other information
• how to respond to a material inconsistency in the other information
• reporting requirements regarding other information