[barelystayingsane]

An answer to a Becker problem indicated that when an adjustment is made without disclosure of the event, an auditor’s report should be dated as of the original report date, because the financial statements were adjusted without disclosure in the footnotes and that dual dating would only be used if the event were disclosed in the notes.

Are both an adjustment and disclosure required for dual dating to occur? The Becker textbook seems to indicate EITHER adjustments OR disclosures (but not both) need to be present for dual dating.

Thank you!