If the balance sheet of a company is dated December 31, 2011, the audit report is dated February 8, 2012, and both are released on February 15, 2012, this indicates that the auditor has searched for subsequent events that occurred up to:
A) December 31, 2011.
B) January 1, 2012.
C) February 8, 2012.
D) February 15, 2012.

Question

Quizplus · Accepted Answer

The auditor is responsible for searching for subsequent events up to the date of the audit report, which in this case is February 8, 2012.

If the Balance Sheet of a Company Is Dated December