An auditor's decision concerning whether or not to 'dual date' the audit report is based upon the auditor's willingness to:
A) extend auditing procedures.
B) permit inclusion of a footnote captioned event (unaudited) subsequent to the date of the auditor's report.
C) assume responsibility for events subsequent to the issuance of the auditor's report.
D) accept responsibility for subsequent events.

Question

Quizplus · Accepted Answer

Dual dating is used when an auditor is willing to extend auditing procedures for a specific event that occurs after the original audit report date, without extending responsibility for other subsequent events.

An Auditor's Decision Concerning Whether or Not to 'Dual Date