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What accounting/audit standard/law (please refer to particular wording and clause) prescribe that changes in balance that occur before signature date of audit report shall be reflected in report, regardless the fact that event, which influencing balance, happened after audited period?
Eg. company acquired shares on February 1, 2012. Shall audited report for the period January 2011 –December 2011 include this acquisition if audited report is finalized in August 2012?