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Fundamentals level - The Skills module (F4-F9)

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AUDIT REPORT

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abrar ahmed - 23 Mar 2008, 03:14 pm
Hi boys and guls
Audit reports are prepared before the F.S are singned off by the directors and i have taken this in my mind but i saw an example in kaplan's text where the auditor had made his report and before the F.S were presented to directors,the directors approached auditors and they told their were some adjustment to be made then the auditors amended their report in accordance with the revised F.S. it was told the date on the audit report must be on of after the date the directors signed F.S. as i dont agree with this I request all the forum members to solve my myth in regard to my query.

I wil appreciate for you response.
mah jabeen - 23 Mar 2008, 03:19 pm
But I dont agree with you . I think audit report is signed off after FS.
abrar ahmed - 23 Mar 2008, 03:21 pm
I know that if u ask me i also believe audit report is made before F.S are signed but in an illustraitn its said the dater on the report must be on or after the date the F.S are approved for pulishing.
mah jabeen - 23 Mar 2008, 03:28 pm
Dear I am saying, audit report is signed off AFTER FS are signed off by directors
Muhammad Amir - 23 Mar 2008, 04:36 pm
I agree with mah jabeen.

Regards,

Muhammad Amir