+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»






Financial Analytics: Science and Experience

Other information in the audit: Verification issues

Vol. 16, Iss. 2, JUNE 2023

Received: 17 April 2023

Received in revised form: 10 May 2023

Accepted: 16 May 2023

Available online: 30 May 2023


JEL Classification: M42

Pages: 172–185


Irina S. EGOROVA Financial University under Government of Russian Federation, Moscow, Russian Federation


Subject. This article discusses the issues related to the identification of possible and actual material inconsistencies (distortions) between other information reflected in the annual report of the audited entity and its accounting (financial) statements.
Objectives. The article aims to present the author-developed interpretation of this identification.
Methods. For the study, I used systems, and functional and structural analyses, as well as special audit procedures.
Results. Based on the analysis of the main problems of identifying possible and actual material inconsistencies (distortions) between other information reflected in the annual report of the audited entity and its accounting (financial) statements, the article proposes ways to solve them.
Conclusions. International Standard on Auditing (ISA) 720 regulates the need to consider other information during the audit, but the issue of its practical implementation is still poorly worked out.

Keywords: audit, other information, accounting (financial) statements, ISA 720


  1. Egorova I.S. [Features of fraud audit identification and performance]. Auditor, 2017, vol. 3, no. 6, pp. 31–42. URL: Link (In Russ.)
  2. Egorova I.S. [Features of performance audit: recognition and performing problems]. Auditor, 2017, vol. 3, no. 1, pp. 29–36. URL: Link (In Russ.)
  3. Egorova I.S. [Features of a technique of audit of efficiency of use of public funds]. Audit, 2017, no. 12, pp. 23–28. (In Russ.)
  4. Bulyga R.P. [Analysis of the possibilities and methods of achieving international comparability of reporting information]. Samoupravlenie, 2020, no. 4, pp. 208–214. (In Russ.)
  5. Barilenko V.I. [Expanding the tasks and opportunities of comprehensive economic analysis]. Audit, 2019, no. 11, pp. 7–9. (In Russ.) URL: Link_ ekonomicheskogo_analiza/
  6. Milovidova S.N. [Strategic analysis of the external and internal environment of the organization]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2018, no. 2, pp. 1207–1213. URL: Link (In Russ.)
  7. Salin V.N., Vakhrameeva M.V., Sitnikova O.Yu. [Actual problems of statistical study of economic assets in modern conditions]. Statistika i Ekonomika = Statistics and Economics, 2020, vol. 17, no. 5, pp. 38–48. URL: Link (In Russ.)
  8. Dombrovskaya E.N. [Disclosure of information in accounting (financial) statements taking into account risk factors]. Bukhuchet v zdravookhranenii = Accounting in Healthcare, 2021, no. 5, pp. 14–24. (In Russ.) URL: Link
  9. Kevorkova Zh.A. [Methodological aspects of the organization of internal control over the preparation of financial statements in economic entities]. Bukhuchet v zdravookhranenii = Accounting in Healthcare, 2020, no. 9, pp. 39–56. URL: Link (In Russ.)

View all articles of issue


ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

Journal current issue

Vol. 17, Iss. 1
March 2024