How would the auditor become aware of subsequent events?, Ask an Expert

Accounting

Subsequent events are events occurring between the balance sheet date and the audit report release date.

How would the auditor become aware of subsequent events? What responsibility does the auditor have to search for subsequent events? Should they rely on the client for information relating to subsequent events? How would an auditor find out about subsequent events?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M943144

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