Accounting · ISA 560 Subsequent Events
ISA 560 'Subsequent Events' requires that auditors should perform audit procedures to identify subsequent events. The period covered by this review for Marine Co commenced on 1 April 20X5. Which of the following dates is the end of the period covered by the subsequent events review?
- 1The date when financial statements will be issued to the shareholders
- 2The date when the auditor's report will be signed✓
- 3The date when financial statements will be approved by the directors
- 4The date when audit fieldwork will be completed
Correct answer
The date when the auditor's report will be signed
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