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8 Lecture 9 (Auditing 2) CH 23 (2024)
8 Lecture 9 (Auditing 2) CH 23 (2024)
8 Lecture 9 (Auditing 2) CH 23 (2024)
CHAPTER 23 2024
Dual Dating:
Occasionally the auditor determines that a subsequent event that
affects current period financial statements occurred after the date
of the audit report but before the audit report was issued.
In that situation, auditing standards require the auditor to extend
audit tests for the newly discovered subsequent event. The auditor
has two equally acceptable options for doing so:
1. Expand all subsequent events tests to the new date—with this
option, the auditor simply changes the report date to the new date.
2. Restrict the subsequent events review to matters related to the
new subsequent event—with this option, the auditor issues a dual-
date audit report.
Chapter 3:
Other Assurance Services
Chapter 4:
Internal and Governmental