Pengertian dual dating report
An event that requires disclosure only may be disclosed in a note to the financial statements marked “unaudited.” In these circumstances, the auditor’s report would have the original date.An example of the heading to use for this type of note follows: Event (Unaudited) Subsequent to the Date of the Report of the Independent Auditor.Many of you question about dating in independent’s auditor report and related issue. On other hand SAS 29, created a difference in responsibilities for types of reissued reports.If the client is furnished with additional copies of a previously issued report, the auditor has no responsibility to perform any procedures prior to reprinting the report unless the auditor has become aware of the need to adjust or make disclosure in the financial statements.Paragraph .05 describes the procedure to be followed when a subsequent event occurring after the report date is disclosed in the financial statements.Note: When performing an integrated audit of financial statements and internal control over financial reporting, the auditor's reports on the company's financial statements and on internal control over financial reporting should be dated the same date.The auditor does not have to make inquiries or apply other auditing procedures after the date of his or her report under ordinary conditions. A subsequent events review is the auditor’s review of transactions and events occurring after the date of the balance sheet and up to the date of the auditor’s report.
There is no authoritative pronouncement that provides guidance on how to determine the date of completion of fieldwork.
– The auditor may be aware of an event that occurred between the original report date and the reissuance date that affects the financial statements reported on.
This event may require disclosure to prevent the financial statements from being misleading.
: If the auditor is a continuing auditor, the report has to be updated.
If the auditor is a predecessor auditor and the client is reusing the report, additional procedures are required, including a requirement to obtain an updating representation letter from management and a representation letter from the successor auditor.