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If the auditor determines that a subsequent event that affects the current period financial statements occurred after fieldwork was completed but before the audit report
If the auditor determines that a subsequent event that affects the current period financial statements occurred after fieldwork was completed but before the audit report was issued, what date(s) may the auditor use on the report? A) The date of the original last day of fieldwork only. No The date of the subsequent event only. Yes The date on which the last day of fieldwork occurred along with the date of the subsequent event. No B) C) D) The date of the original last day of fieldwork only. No The date of the original last day of fieldwork only. Yes The date of the original last day of fieldwork only. No The date of the subsequent event only. No The date of the subsequent event onlv. Yes The date of the subsequent event only. Yes The date on which the last day of fieldwork occurred along with the date of the subsequent event. Yes The date on which the last day of fieldwork occurred along with the date of the subsequent event. No The date on which the last day of fieldwork occurred along with the date of the subsequent event. Yes 51) More than one modification should be included in the audit report when: A) there is a scope limitation and there is substantial doubt about the company's ability to continue as a going concern. B) the auditor is not independent and the auditor knows that the company has not followed generally accepted accounting principles. C) there is substantial doubt about the going concern of the company and information about the causes of the uncertainties is not adequately disclosed in the footnotes. D) all of the above. 52) When the client fails to make adequate disclosure in the body of the statements or in the related footnotes, it is the responsibility of the auditor to: A) inform the reader that disclosure is not adequate, and to issue an adverse opinion. B) inform the reader that disclosure is not adequate, and to issue a qualified opinion. C) present the information in the audit report and to issue a qualified or an adverse opinion. D) present the information in the audit report and issue an unqualified or qualified opinion
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