Explain the significance of dating the audit report.

• The date refers to the last day that significant fieldwork was done. The date shows the scope in which the auditor came up with the report.

• It helps in making decisions based on what happened when.

• Following up on the audit for a given period becomes much easier since the date guides the team on what it is they are looking for.

• The auditor has no responsibility regarding all the auditing procedures after their period of auditing is over.