Situations in which auditors provide additional copies of a previous issued report or grant entities permission to use a previously issued report in a document containing financial statements after its original date are known as
A) additional use reports.
B) reissued reports.
C) subsequent use reports.
D) updated reports.

Question

Quizplus · Accepted Answer

Situations in which auditors provide additional copies of a previously issued report or grant entities permission to use a previously issued report in a document containing financial statements after its original date are known as reissued reports. The term subsequent use reports is not commonly used in the profession, and updated reports refer to reports that include additional or revised information regarding the subject matter. Additional use reports are not a recognized category of audit reports.

Situations in Which Auditors Provide Additional Copies of a Previous