.02 The auditor has no responsibility to make any inquiry or carry out any auditing procedures for the period after the date of his report.) occurs after the date of the independent auditor's report but before the issuance of the related financial statements, and the event comes to the attention of the auditor, the financial statements should be adjusted or the auditor should qualify his or her opinion.When the adjustment is made without disclosure of the event, the report ordinarily should be dated in accordance with paragraph .01.In English language histories and some contemporary documents, the terms "Old Style" (OS) and "New Style" (NS) are sometimes added to dates to identify which calendar is/was being used for the given date .
Dual dating is the practice, in historical materials, to indicate some dates with what appears to be duplicate, or excessive digits, sometimes separated by a hyphen or a slash. The need for double dating arose from the transition from an older calendar to a newer one.
For example, in "10/21 February 1750/51", the dual day of the month is due to the leap year correction of the Julian calendar by the Gregorian calendar, and the dual year is due to some countries beginning their numbered year on 1 January while others were still using another date.
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In October 2012, the Committee received a request for guidance on the accounting implications of applying IAS 10 when previously issued financial statements are reissued in connection with an offering document.
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The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected.These Auditing Standards establish requirements and provide application and other explanatory material to auditors regarding their responsibilities relating to subsequent events in an audit of a financial report.Obtaining a Copy of this Auditing Standard The most recently compiled versions of Auditing Standards, original Standards and amending Standards (see Compilation Details) are available on the AUASB website: COPYRIGHT © 2011 Auditing and Assurance Standards Board.If disclosure of the event is made, either in a note or in the auditor's report, the auditor would date the report as set forth in the following paragraph..05 The independent auditor has two methods for dating the report when a subsequent event disclosed in the financial statements occurs after the auditor has obtained sufficient appropriate evidence on which to base his or her opinion, but before the issuance of the related financial statements.The text, graphics and layout of this compiled Auditing Standard are protected by Australian copyright law and the comparable law of other countries.