After the auditor's report has been signed, the auditor has:
A) a responsibility to perform procedures to detect subsequent events.
B) a responsibility to make enquiries regarding the financial statements.
C) no responsibility to perform procedures to detect subsequent events.
D) no responsibility to make enquiries regarding subsequent events.

Question

Quizplus · Accepted Answer

Once the auditor's report has been signed, the auditor generally has no responsibility to perform procedures to detect subsequent events unless new information comes to light that may affect the financial statements.

After the Auditor's Report Has Been Signed, the Auditor Has