Auditors must complete phases of an audit after the balance sheet date.This subsequent period extends from the balance sheet date to the date of the
A)Audit report.
B)Final review of the audit working papers.
C)Public issuance of the financial statements.
D)Delivery of the audit report to the client.

Question

Quizplus · Accepted Answer

The subsequent period extends from the balance sheet date to the date of the audit report, as auditors must consider events occurring after the balance sheet date that may affect the financial statements.

Auditors Must Complete Phases of an Audit After the Balance