emphasis of matter

An optional paragraph in an auditor's report referred to by the Auditing Practices Committee in their standard ‘The Audit Report’ issued in April 1980. This paragraph was to be used if the auditor considered that information was adequately disclosed in the financial statements but that the reader's attention should be drawn to important matters in these statements to ensure that they were not overlooked. The use of such a paragraph was intended to be rare. In May 1993 the Auditing Practices Board issued a new Statement of Auditing Standards, Auditors' Reports on Financial Statements, which does not include the option of an emphasis-of-matter paragraph.

Accounting dictionary. 2014.

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  • matter — [[t]mæ̱tə(r)[/t]] ♦ matters, mattering, mattered 1) N COUNT: usu with supp A matter is a task, situation, or event which you have to deal with or think about, especially one that involves problems. It was clear that she wanted to discuss some… …   English dictionary

  • matter\ of\ fact — • (a) matter of fact • as a matter of fact n. phr. Something that is really true; something that can be proved. The town records showed that it was a matter of fact that the two boys were brothers. It is a matter of fact that the American war… …   Словарь американских идиом

  • matter of fact — {n. phr.} Something that is really true; something that can be proved. * /The town records showed that it was a matter of fact that the two boys were brothers./ * /It is a matter of fact that the American war against England was successful./… …   Dictionary of American idioms

  • matter of fact — {n. phr.} Something that is really true; something that can be proved. * /The town records showed that it was a matter of fact that the two boys were brothers./ * /It is a matter of fact that the American war against England was successful./… …   Dictionary of American idioms

  • emphasis — n 1. stress, accent, italics, underlining, underscoring; significance, consequence, consideration, moment, import, note, mark; importance, priority, preeminence; weight, gravity, ponderosity; seriousness, solemnity; urgency, exigency, tension;… …   A Note on the Style of the synonym finder

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  • a\ matter\ of\ fact — • (a) matter of fact • as a matter of fact n. phr. Something that is really true; something that can be proved. The town records showed that it was a matter of fact that the two boys were brothers. It is a matter of fact that the American war… …   Словарь американских идиом

  • gray matter — n. Older, experienced executives hired by start up firms in an effort to make the firms appear more established. Example Citation: Remember it was computer people who coined the term gray matter older employees who are hired specifically because… …   New words

  • Marcus Aurelius — Not to be confused with Aurelian. Marcus Aurelius 16th Emperor of the Roman Empire Bust of Marcus Aurelius in the Glyptothek, Munich …   Wikipedia

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