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Author Question: If the balance sheet of a private company is dated December 31, 2018, the audit report is dated ... (Read 242 times)

M1ch3a

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on: Aug 21, 2022

Question 1

Auditing standards require that the audit report must be titled and that the title must
◦ include the word "independent."
◦ indicate if the auditor is a CPA.
◦ indicate if the auditor is a proprietorship, partnership, or corporation.
◦ indicate the type of audit opinion issued.

Question 2

If the balance sheet of a private company is dated December 31, 2018, the audit report is dated February 8, 2019, and both are released on February 15, 2019, this indicates that the auditor has searched for subsequent events that occurred up to
◦ December 31, 2018.
◦ January 1, 2019.
◦ February 8, 2019.
◦ February 15, 2019.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by M1ch3a on Aug 21, 2022

Afvelasquez

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Reply #1 on: Aug 21, 2022
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M1ch3a

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

mohan

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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