Audit reports should be dated as the date on which sufficient appropriate audit evidence has been collected.

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Business

Alexia Beltran

7 November, 08:27

Audit reports should be dated as the date on which sufficient appropriate audit evidence has been collected.

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Julianne Holt · Answer 1

That statement is True

Audit reports should indeed be dated as the date on which sufficient appropriate audit evidence has been collected.

By doing this, it will be so much easier for the auditor to spot on any potential irregularity in the company's financial report.