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Explain the Responsibilities of the Auditor Regarding Subsequent Events

Question 32

Essay

Explain the responsibilities of the auditor regarding subsequent events:
1.after reporting date, but before the audit report is signed,
2.after the audit report is signed, but before the financial statements are issued, and
3.after the financial statements are issued.

Correct Answer:

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1.Auditors have a responsibility to disc...

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