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Audit CPA 2026
| Dual dating is used when there is a subsequent event occurring after the original date of the auditor's report, and the auditor wishes to extend responsibility only for the one event. It is not used for comparative financial statements. |
| In order to provide an opinion on supplementary information of a non issuer, the auditor should perform procedures using a materiality level that is the same as the materiality level used in the audit of the financial statements. |
| An auditor would generally compare the latest available interim financial statements with the statements being audited when performing procedures regarding subsequent events |
| The auditor's opinion on the audited financial statements relates to the basic financial statements and related footnotes. If the information included in the FS is fairly stated, no modification should be made regarding the opinion related to those FS |