expand icon
book Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder cover

Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

Edition 9ISBN: 978-0130459206
book Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder cover

Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

Edition 9ISBN: 978-0130459206
Exercise 10
Namiki, CPA, is auditing the financial statements of Taylor Corporation for the year ended December 31, 2013. Namiki plans to complete the fieldwork and sign the auditor's report about March 10, 2014. Namiki is concerned about events and transactions occurring after December 31, 2013, that may affect the 2013 financial statements.
Required:
a. What general types of subsequent events require Namiki's consideration and evaluation?
b. What auditing procedures should Namiki consider performing to gather evidence concerning subsequent events?
(AICPA, adapted)
Explanation
like image
like image
no-answer
This question doesn’t have an expert verified answer yet, let Examlex AI Copilot help.
close menu
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
cross icon