Namiki, CPA is auditing the financial statements of Taylor Corporation for the year ended Dec 31, 2009. Namiki plans to complete the fieldwork and sign the auditors report about March 10, 2010. Namiki is concerned about events and transactions occurring after December 31, 2009, that may affect the 2009 financial statements.
What general types of subsequent events require consideration and evaluation?
What auditing procedures should he consider performing to gather evidence about subsequent events?