Document ID: chunk:federal_register_of_legislation:F2023C01138:reg:4:p9
Version: federal_register_of_legislation:F2023C01138
Segment Type: reg
Provision Reference: reg 4 (pt 9/43)
Character Range: 30210–33168

Judgements about materiality involve both qualitative and quantitative considerations.  Accordingly, such judgements may take into account the nature or magnitude of the items that the other information addresses in the context of the entity's annual report.

Other Information (Ref: Para. 12(c))

A8.             Appendix 1 contains examples of amounts or other items that may be included in the other information.

A9.             In some cases, the applicable financial reporting framework may require specific disclosures but permit them to be located outside of the financial report.[5] As such disclosures are required by the applicable financial reporting framework, they form part of the financial report.  Accordingly, they do not constitute other information for the purpose of this Auditing Standard.

A10.         eXtensible Business Reporting Language (XBRL) tags do not represent other information as defined in this Auditing Standard.

Obtaining the Other Information (Ref: Para. 13)

A11.         Determining the document(s) that is or comprises the annual report is often clear based on law, regulation or custom.  In many cases, management or those charged with governance may have customarily issued a package of documents that together comprise the annual report, or may have committed to do so.  In some cases, however, it may not be clear which document(s) is or comprises the annual report.  In such cases, the timing and purpose of the documents (and for whom they are intended) are matters that may be relevant to the auditor's determination of which document(s) is or comprises the annual report.

A12.         When the annual report is translated into other languages pursuant to law or regulation (such as may occur when a jurisdiction has more than one official language), or when multiple "annual reports" are prepared under different legislation (for example, when an entity is listed in more than one jurisdiction), consideration may need to be given as to whether one, or more than one of the "annual reports" form part of the other information.  Law or regulation may provide further guidance in this respect.

A13.         Management, or those charged with governance, is responsible for preparing the annual report.  The auditor may communicate with management or those charged with governance:

           * The auditor's expectations in relation to obtaining the final version of the annual report (including a combination of documents that together comprise the annual report) in a timely manner prior to the date of the auditor's report such that the auditor can complete the procedures required by this Auditing Standard before the date of the auditor's report, or if that is not possible, as soon as practicable and in any case prior to the entity's issuance of such information.

           * The possible implications when the other information is obtained after the date of the auditor's report.

A14.         The