What is meant by dual dating an audit report?
Question:
What is meant by dual dating an audit report?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
Dual dating an audit report occurs when the auditors report includes a date that is bot...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Modern Auditing
ISBN: 9780471542834
5th Edition
Authors: Walter Gerry Kell, William C. Boynton, Richard E. Ziegler
Question Posted:
Students also viewed these Business questions
-
What is meant by "dual dating"? Explain how dual dating limits the auditor's responsibility for subsequent events.
-
Multiple Choice 1. An independent audit aids in the communication of economic data because the audit a. Confirms the exact accuracy of managements financial representations. b. Lends credibility to...
-
Summarize the concept of difference in enforcement of accounting standards: Differences in countries institutional settings have long been recognized in accounting research. Countries have been...
-
Aggie, inc. purchased a truck at a cost of $12,000. the truck has an estimate salvage value of $2,000 and an estimated life of 5 years, or 100,000 hours of operation. The truck was purchased on...
-
Below are transactions for Bronco Corporation during the month of June. Calculate the amount of expense to recognize in June. If the transaction does not require an expense to be recognized, indicate...
-
Division A manufactures electronic circuit boards. The boards can be sold either to Division of the same company or to outside customers. Last year, the following activity occurred Division A: Sales...
-
You are evaluating a project with the following cash flows. How many IRRs might there be? a. 4 or less b. 4 exactly c. 4 or more d. 5 or less Time 0 1 2 3 4 5 Cash Flow -100 75 100 -35 70 100 -100
-
The management of Universal Manufacturing Company (Problem 5-4) likes to have its operators working 90% of the time. What must the assembly line arrival rate be in order for the operators to be as...
-
A group fitness gym classifies its fitness class attendees by class type and member status. The marketing team has gathered data from a random month, in which there were 2020 class attendees. The...
-
a. What responsibility does the auditor have for the post audit discovery of facts existing at the date of his report? b. Identify the steps the auditor should take when the client refuses to make...
-
What is the auditor's responsibility for subsequent events occurring after completion of field work but before issuance of his audit report.
-
Are corporate ethics codes effective in preventing improper employee behavior? Explain your answer.
-
Dean Company uses the retail inventory method to estimate its inventory for interim statement purposes. Data relating to the inventory at July 31 follow. For Six-Months Ended July 31 Beginning...
-
Reading from Files Write Python programs to do the following: 1)Read two files of data (call them seq1.txt and seq2.txt ),seq1.txt contains this sequence: GAAACCAA and seq2.txt has this sequence:...
-
Imagine the accounting team forgot that your company had to pay property taxes on its warehouse. Assuming the tax bill hasn't been paid yet, where could the accounting track down the error?
-
With the rise of machine translation, will human languages converge and become more similar over time, facilitating communication across cultures?
-
Consider the following information for three stocks, Stocks X, Y, and Z. The returns on the three stocks are positively correlated, but they are not perfectly correlated. (That is, each of the...
-
Assume Eq. 6-14 gives the drag force on a pilot plus ejection seat just after they are ejected from a plane traveling horizontally at 1300 km/h. Assume also that the mass of the seat is equal to the...
-
Logistics Solutions provides order fulfillment services for dot.com merchants. The company maintains warehouses that stock items carried by its dot.com clients. When a client receives an order from a...
-
Hace varios meses, la empresa Jones sufri un vertido de materiales peligrosos al ro White desde una de sus plantas. Como resultado, la Agencia de Proteccin Ambiental (EPA) mult a la empresa con...
-
On January 1, 2021, Robertson Construction leased several items of equipment under a two-year operating lease agreement from Jamison Leasing, which routinely finances equipment for other firms at an...
Study smarter with the SolutionInn App