Auditors of accelerated filer public companies
A) are responsible for reviewing subsequent events for a period of up to six months after the balance sheet date.
B) must always dual-date their audit reports.
C) must inquire about and consider any information about subsequent events that materially affects the effectiveness of internal control over financial reporting.
D) must perform all of the above procedures.

Question

Quizplus · Accepted Answer

Auditors of accelerated filer public companies are specifically required to inquire about and consider any information regarding subsequent events that could materially affect the effectiveness of internal control over financial reporting. This is part of their responsibility to evaluate the company's internal controls over financial reporting as of a certain date. Options A and B are not accurate representations of the auditors' responsibilities in this context.

Auditors of Accelerated Filer Public Companies