Lisa Tan has audited the financial report of Basalt Ltd for the year ended 30 June 2012. Although Lisa's audit fieldwork was completed on 25 August 2012, her auditor's report was signed on 28 August 2012 and sent to management that
Day) The management of Basalt Ltd advised Lisa that their annual report, which will be mailed to shareholders on
8 October 2012, will also include an unaudited financial report for the first quarter ended 30 September 2012. Under
The circumstances, Lisa is responsible for undertaking subsequent events audit procedures through to:
A) 25 August 2012.
B) 28 August 2012.
C) 30 September 2012.
D) 8 October 2012.

Question

Quizplus · Accepted Answer

Lisa's responsibility for subsequent events audit procedures extends to the date of her auditor's report, which is 28 August 2012.

Lisa Tan Has Audited the Financial Report of Basalt Ltd