diff --git a/src/libs/utils/settingsaccessor.cpp b/src/libs/utils/settingsaccessor.cpp
index 902511e1222..c2e328be375 100644
--- a/src/libs/utils/settingsaccessor.cpp
+++ b/src/libs/utils/settingsaccessor.cpp
@@ -394,6 +394,9 @@ SettingsAccessor::ProceedInfo SettingsAccessor::reportIssues(const QVariantMap &
                                                              const FileName &path,
                                                              QWidget *parent) const
 {
+    if (!path.exists())
+        return Continue;
+
     IssueInfo issue = findIssues(data, path);
     QMessageBox::Icon icon = QMessageBox::Information;
 
@@ -429,9 +432,7 @@ SettingsAccessor::IssueInfo SettingsAccessor::findIssues(const QVariantMap &data
     const FileName defaultSettingsPath = userFilePath(d->m_baseFile, d->m_userSuffix);
 
     int version = versionFromMap(data);
-    if (!path.exists()) {
-        return result;
-    } else if (data.isEmpty() || version < firstSupportedVersion() || version > currentVersion()) {
+    if (data.isEmpty() || version < firstSupportedVersion() || version > currentVersion()) {
         result.title = QApplication::translate("Utils::SettingsAccessor", "No Valid Settings Found");
         result.message = QApplication::translate("Utils::SettingsAccessor",
                                                  "<p>No valid settings file could be found.</p>"
diff --git a/tests/auto/utils/settings/tst_settings.cpp b/tests/auto/utils/settings/tst_settings.cpp
index 7a1db7fe44e..cdc824d4d88 100644
--- a/tests/auto/utils/settings/tst_settings.cpp
+++ b/tests/auto/utils/settings/tst_settings.cpp
@@ -95,6 +95,7 @@ public:
     }
 
     // Make methods public for the tests:
+    using Utils::SettingsAccessor::findIssues;
     using Utils::SettingsAccessor::isValidVersionAndId;
     using Utils::SettingsAccessor::isBetterMatch;
     using Utils::SettingsAccessor::upgradeSettings;
@@ -134,6 +135,13 @@ private slots:
     void upgradeSettings_partialUpdate();
     void upgradeSettings_targetVersionTooOld();
     void upgradeSettings_targetVersionTooNew();
+
+    void findIssues_ok();
+    void findIssues_emptyData();
+    void findIssues_tooNew();
+    void findIssues_tooOld();
+    void findIssues_wrongId();
+    void findIssues_nonDefaultPath();
 };
 
 static QVariantMap versionedMap(int version, const QByteArray &id = QByteArray(),
@@ -459,6 +467,84 @@ void tst_SettingsAccessor::upgradeSettings_targetVersionTooNew()
     QCOMPARE(result, input);
 }
 
+void tst_SettingsAccessor::findIssues_ok()
+{
+    const TestSettingsAccessor accessor;
+    const QVariantMap data = versionedMap(6, TESTACCESSOR_DEFAULT_ID);
+    const Utils::FileName path = Utils::FileName::fromString("/foo/bar.user");
+
+    const Utils::SettingsAccessor::IssueInfo info = accessor.findIssues(data, path);
+
+    QVERIFY(info.title.isEmpty());
+    QVERIFY(info.message.isEmpty());
+    QVERIFY(info.buttons.isEmpty());
+}
+
+void tst_SettingsAccessor::findIssues_emptyData()
+{
+    const TestSettingsAccessor accessor;
+    const QVariantMap data;
+    const Utils::FileName path = Utils::FileName::fromString("/foo/bar.user");
+
+    const Utils::SettingsAccessor::IssueInfo info = accessor.findIssues(data, path);
+
+    QVERIFY(!info.title.isEmpty());
+    QVERIFY(!info.message.isEmpty());
+    QVERIFY(!info.buttons.isEmpty());
+}
+
+void tst_SettingsAccessor::findIssues_tooNew()
+{
+    const TestSettingsAccessor accessor;
+    const QVariantMap data = versionedMap(42, TESTACCESSOR_DEFAULT_ID);
+    const Utils::FileName path = Utils::FileName::fromString("/foo/bar.user");
+
+    const Utils::SettingsAccessor::IssueInfo info = accessor.findIssues(data, path);
+
+    QVERIFY(!info.title.isEmpty());
+    QVERIFY(!info.message.isEmpty());
+    QVERIFY(!info.buttons.isEmpty());
+}
+
+void tst_SettingsAccessor::findIssues_tooOld()
+{
+    const TestSettingsAccessor accessor;
+    const QVariantMap data = versionedMap(2, TESTACCESSOR_DEFAULT_ID);
+    const Utils::FileName path = Utils::FileName::fromString("/foo/bar.user");
+
+    const Utils::SettingsAccessor::IssueInfo info = accessor.findIssues(data, path);
+
+    QVERIFY(!info.title.isEmpty());
+    QVERIFY(!info.message.isEmpty());
+    QVERIFY(!info.buttons.isEmpty());
+}
+
+void tst_SettingsAccessor::findIssues_wrongId()
+{
+    const TestSettingsAccessor accessor;
+    const QVariantMap data = versionedMap(6, "foo");
+    const Utils::FileName path = Utils::FileName::fromString("/foo/bar.user");
+
+    const Utils::SettingsAccessor::IssueInfo info = accessor.findIssues(data, path);
+
+    QVERIFY(!info.title.isEmpty());
+    QVERIFY(!info.message.isEmpty());
+    QVERIFY(!info.buttons.isEmpty());
+}
+
+void tst_SettingsAccessor::findIssues_nonDefaultPath()
+{
+    const TestSettingsAccessor accessor;
+    const QVariantMap data = versionedMap(6, TESTACCESSOR_DEFAULT_ID);
+    const Utils::FileName path = Utils::FileName::fromString("/foo/bar.user.foobar");
+
+    const Utils::SettingsAccessor::IssueInfo info = accessor.findIssues(data, path);
+
+    QVERIFY(!info.title.isEmpty());
+    QVERIFY(!info.message.isEmpty());
+    QVERIFY(!info.buttons.isEmpty());
+}
+
 QTEST_MAIN(tst_SettingsAccessor)
 
 #include "tst_settings.moc"