Final answer:
Under PCAOB standards, an emphasis-of-matter paragraph is referred to as an explanatory paragraph, which is used to provide important additional information in an audit report.
Step-by-step explanation:
Under PCAOB standards, the equivalent of an emphasis-of-matter paragraph is referred to as a explanatory paragraph. An explanatory paragraph is used by auditors to provide additional information to the readers of the financial statements that the auditor believes is important for their understanding.
The structure of a well-developed paragraph in various contexts may include a topic sentence, a claim supported by evidence, and an analysis that connects the evidence to the claim. While this structure is common in many forms of writing, in the context of an audit report under PCAOB standards, an explanatory paragraph has a specific function and it is not the same as supplemental, qualified, or referral paragraphs.