An auditor's report on comparative financial statements should be dated as of the date of the:
A)Issuance of the report.
B)Accumulation of sufficient appropriate audit evidence.
C)Latest financial statements being reported on.
D)Last related-party transaction disclosed in the statements.

Question

Quizplus · Accepted Answer

The auditor's report should be dated as of the date when the auditor has accumulated sufficient appropriate audit evidence to support the opinion on the financial statements. This date signifies the end of the auditor's responsibility for the review of events that may affect the financial statements.

An Auditor's Report on Comparative Financial Statements Should Be Dated