Audit standards require auditors to _______.
A)conduct specific audit procedures to identify subsequent events that may occur up through the date of the auditor's report
B)conduct specific audit procedures to identify subsequent events that may occur after the date of the auditor's report.
C)apply optional use of analytical procedures to increase assurance levels related to subsequent events
D)delegate auditing of subsequent events to the internal audit function

Question

Quizplus · Accepted Answer

Audit standards require auditors to conduct specific audit procedures to identify subsequent events that may occur up through the date of the auditor's report to ensure that all significant events that could affect the financial statements are identified and appropriately reflected or disclosed.

Audit Standards Require Auditors to _______