The impact of a subsequent event on the audit report depends on whether it is detected before or after the ________.
A)balance sheet date
B)audit report date
C)year-end date
D)dual date

Question

Quizplus · Accepted Answer

The impact of a subsequent event on the audit report depends on whether it is detected before or after the audit report date, as this determines the auditor's responsibility to evaluate and possibly adjust the financial statements or disclosures.

The Impact of a Subsequent Event on the Audit Report