If an auditor dates the auditor's report on financial statements for the year ended December 31,2011,as of February 10,2012,except for Note J,as to which the date is March 3,2012,the auditor is acknowledging responsibility to actively search for and ensure proper handling by management of
A) All subsequent events occurring through March 3, 2012.
B) All subsequent events occurring through February 10, 2012.
C) All subsequent events occurring through February 10, 2012 and the specific subsequent event referred to in Note J through March 3, 2012.
D) Only the specific subsequent event referred to in Note J as of March 3, 2012.

Question

Quizplus · Accepted Answer

By dating the report as of February 10, 2012, except for Note J which is dated March 3, 2012, the auditor acknowledges responsibility for all subsequent events occurring through February 10, 2012, as well as the specific subsequent event referred to in Note J through March 3, 2012. This means that the auditor must actively search for and ensure proper handling by management of any events that occurred between December 31, 2011 and February 10, 2012, as well as the specific event referred to in Note J that occurred between February 10, 2012 and March 3, 2012.

If an Auditor Dates the Auditor's Report on Financial Statements