Homework Clinic

Social Science Clinic => Accounting => Topic started by: M1ch3a on Aug 21, 2022

Title: If the balance sheet of a private company is dated December 31, 2018, the audit report is dated ...
Post by: M1ch3a 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.

Title: If the balance sheet of a private company is dated December 31, 2018, the audit report is dated ...
Post by: Afvelasquez on Aug 21, 2022

Answer 1

include the word "independent."

Answer 2

February 8, 2019.