Your cousin has a one-year-old that puts her bottle in the sink when she finishes the milk, no reminders needed. "Ingraining responsibility in children is not a trick, but is simply teaching them life skills," says Karen Ruskin, Psy.
However, if an event of the type requiring disclosure only (as discussed in section 560.05 and 560.08) occurs between the date of the independent auditor's original report and the date of the reissuance of such report, and if the event comes to the attention of the independent auditor, the event may be disclosed in a separate note to the financial statements captioned somewhat as follows: Event (Unaudited) Subsequent to the Date of the Independent Auditor's Report Under these circumstances, the report of the independent auditor would carry the same date used in the original report.
Use of the original report date in a reissued report removes any implication that records, transactions, or events after that date have been examined or reviewed.
In such cases, the independent auditor has no responsibility to make further investigation or inquiry as to events which may have occurred during the period between the original report date and the date of the release of additional reports.
Note: If the auditor concludes that a scope limitation will prevent the auditor from obtaining the reasonable assurance necessary to express an opinion on the financial statements, then the auditor's report date is the date that the auditor has obtained sufficient appropriate evidence to support the representations in the auditor's report.
The auditor has no responsibility to make any inquiry or carry out any auditing procedures for the period after the date of his report.Appendix A: Examples of Information and Sources of Information That May be Gathered During the Audit That Could Indicate That Related Parties or Relationships or Transactions with Related Parties Previously Undisclosed to the Auditor Might Exist The following auditing standard is not the current version and does not reflect any amendments effective on or after December 31, 2016.