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)Accept responsibility for year-end adjusting entries. C)Permit inclusion of a note captioned: event (unaudited)subsequent to the date of the auditor's report. D)Assume responsibility for resolving all events subsequent to the issuance of the auditor's report.

Question

Quizplus · Accepted Answer

Dual-dating the audit report is used when the auditor performs work on a subsequent event that occurred after the original date of the auditor's report. This action extends the auditing procedures to include the review of the event without changing the original report date for other aspects of the audit.

An Auditor's Decision Concerning Whether or not to "Dual-Date" the Audit