The Orange Corporation was audited for the year-ended December 31,the fieldwork was completed on January 25,and the audit report was delivered on February 15.The auditor learned about a two-for-one stock split on February 1.How should the report be dated?
A)December 31 and January 25.
B)January 25 and February 1.
C)January 25 and February 15.
D)February 1and February 15.

Question

Quizplus · Accepted Answer

The audit report should be dual-dated as January 25 and February 1 to reflect the completion of fieldwork and the subsequent event of the stock split.

The Orange Corporation Was Audited for the Year-Ended December 31,the