Auditing 300 Lecture 10.pptVIP

Joe Christopher Jan 2010 Auditing 300 Chapter 12Completion and Review Summary-Audit completion and review The nature of completion and review procedures Date of the Audit Report Important because it establishes date of auditor’s responsibility for knowledge of events that should be reflected in the financial report. Audit report should be dated when it is actually signed, and no earlier than date of directors’ declaration. Ensures financial report was completed and formally accepted by officers of company prior to auditor expressing an opinion. Audit procedures after balance date Man