Dual dating refers to when the auditor _______.
A)shows two dates on the same audit report
B)shows two dates on two different audit reports
C)references last year's audit report concurrently with the current year report
D)also includes the date that the internal control function issued their audit opinion

Question

Quizplus · Accepted Answer

Dual dating in the context of an audit report refers to the practice of the auditor indicating two dates on the audit report: the original date of the auditor's report and a later date for a subsequent event that occurred after the original date of the auditor's report but before the issuance of the financial statements. This is done to limit the auditor's responsibility for events occurring after the original report date to the event disclosed by the dual dating.

Dual Dating Refers to When the Auditor _______