The date on auditor’s report should not be____________?

Related Mcqs:

According to ISA 315, which of the following is NOT an element of the control environment?

A. Participation of management B. Information processing C. Commitment to competence D. Human resource policies and practices...

______the audit risks_______the materiality and_________the audit effort.

A. Lower, Higher, Lower B. Lower, Lower, Higher C. Higher, Lower, Lower D. Lower, Higher, Higher...

The current file of the auditor’s working papers, generally, should include____________?

A. A flowchart of the internal controls B. Organisation charts C. A copy of financial statements D. Copies of bond and debentures...

Which of the following statements is most closely associated with analytical procedure applied at substantive stage?

A. It helps to study relationship among balance sheet accounts B. It helps to discover material misstatements in the financial statements C. It helps to identify possible oversights D. It helps to accumulate evidence supporting the validity of a specific account balance...

The auditor has serious concern about the going concern of the company. It is dependent on company’s obtaining a working capital loan from a bank which has been applied for. The management of the company has made full disclosure of these facts in the notes to the balance sheet. The auditor is satisfied with the level of disclosure. He should issue___________?

A. unqualified opinion B. unqualified opinion with reference to notes to the accounts C. qualified opinion D. disclaimer of opinion...