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If the Client's Balance Sheet Date Is 30/6/2012, the Audit

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If the client's balance sheet date is 30/6/2012, the audit report date is 11/9/2012 and the date the financial statements and audit report are issued is 10/10/2012, then the auditor is responsible for reviewing subsequent events occurring between 30/6/2012 and 10/10/2012.


Definitions:

Economic Recession

A period of significant decline in economic activity across the economy, lasting longer than a few months.

Employee Diversity

The practice of including people of various backgrounds, experiences, and perspectives within a workforce to enhance innovation and decision-making.

Divisiveness

Divisiveness describes the characteristic or tendency of causing disagreement or hostility between people, leading to separate factions or groups being formed within a community.

Valuing Diversity

Recognizing, respecting, and appreciating differences in culture, perspective, and background among individuals in a group or organization.

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