With respect to issuance of an audit report which is dual-dated for a subsequent event occurring after the completion of fieldwork but before issuance of the auditors' report,the auditors' responsibility for events occurring subsequent to the date of the audit report is:
A)Extended to include all events occurring until the date of the last subsequent event referred to.
B)Limited to the specific event referred to.
C)Limited to all events occurring through the date of issuance of the report.
D)Extended to include all events occurring through the date of submission of the report to the client.

Question

Quizplus · Accepted Answer

The auditors' responsibility is limited to the specific event referred to when the audit report is dual-dated for a subsequent event. This means the auditors are only responsible for the evaluation of the financial implications of that particular event and not for any other events that may occur after the completion of fieldwork but before the issuance of the report.

With Respect to Issuance of an Audit Report Which Is