An auditor's decision concerning whether or not to dual date an audit report is primarily based on the auditor's decision to
A) extend appropriate audit procedures.
B) assume responsibility for events after the date of the auditor's report.
C) assume responsibility for event from fiscal year-end to the date of the audit report.
D) roll the dice and hope for a successful outcome.

Question

Quizplus · Accepted Answer

Dual dating an audit report is used when an auditor extends audit procedures after the original date of the audit report. This allows the auditor to limit the responsibility for events occurring after the original report date to those specific events addressed by the extended procedures.

An Auditor's Decision Concerning Whether or Not to Dual Date