The audit report date indicates:
A) the last day of the auditor's responsibility for the review of significant events that occurred after the date of the financial report.
B) the last date on which users may institute a lawsuit against either client or auditor.
C) the date on which the financial report was filed with ASIC.
D) the last day of the financial period.

Question

Quizplus · Accepted Answer

The audit report date indicates the last day of the auditor's responsibility for the review of significant events that occurred after the date of the financial report. This means that the auditor's responsibilities extend up to this date, and any events occurring after this date are not considered in the audit report.

The Audit Report Date Indicates