The appropriate date for the audit report for a public company is the date on which the
A)client's fiscal year ended.
B)auditor and client entered into a contract.
C)board of directors approved the financial statements.
D)auditor prepares and delivers the report to the client.

Question

Quizplus · Accepted Answer

The appropriate date for the audit report for a public company is the date on which the board of directors approved the financial statements. This ensures that the report is based on the most up-to-date and accurate financial information available, reflecting any changes that may have occurred up to that point. The other options are not relevant to determining the appropriate date for the audit report.

The Appropriate Date for the Audit Report for a Public