Dating audit reports

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Asked by Wiki User. The auditor dual dates the audit report as of the end of workpaper review, except footnote XX, which is dated later. An audit report is an opinion that is written by an auditor to show if the financial statements are correct. The auditor will indicate if they state the true financial position of the company.
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4 Types of Audit Report

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4 Types of Audit Report | Explanation | Examples - Accountinguide

An auditor's report is a written letter from the auditor containing their opinion on whether a company's financial statements comply with generally accepted accounting principles GAAP and are free from material misstatement. The independent and external audit report is typically published with the company's annual report. The auditor's report is important because banks and creditors require an audit of a company's financial statements before lending to them. An auditor's report is a written letter attached to a company's financial statements that expresses its opinion on a company's compliance with standard accounting practices. The auditor's report is required to be filed with a public company's financial statements when reporting earnings to the Securities and Exchange Commission SEC. However, an auditor's report is not an evaluation of whether a company is a good investment.
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Sample dual dating financial statements

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This site uses cookies to store information on your computer. Some are essential to make our site work; others help us improve the user experience. By using the site, you consent to the placement of these cookies. Consider the following scenario. One morning, you see your audit client's name emblazoned across the front page of the local newspaper.
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