When the auditor's name is associated with a registration statement under the Securities Act of 1933, the auditor's responsibility for reviewing subsequent events is limited to the date of auditor's report, not to the date the registration becomes effective.

Question

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The auditor's responsibility for reviewing subsequent events extends beyond the date of the auditor's report up to the date the registration statement becomes effective, not just to the date of the auditor's report. This is to ensure that any significant events that could affect the financial statements are identified and addressed in the registration statement.

When the Auditor's Name Is Associated with a Registration Statement