Essay
If the auditor amends the financial statements due to subsequent events what further actions are necessary?
What are the auditor's options if management refuses to amend the financial statements, where the auditor believes they should be amended, when?
1. the auditor has not released the report to the entity.
2. the auditor has released the report to the entity.
Correct Answer:

Verified
a) If the auditor amends the financial s...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q34: The subsequent event that is an example
Q35: In regard to identifying and evaluating subsequent
Q36: Matters that would ordinarily be communicated to
Q37: Analytical procedures in the overall review should
Q38: After the auditor's report has been signed,
Q39: Professional standards require the auditor to communicate
Q40: Ordinarily, an event indicating a material condition
Q41: The manager's review of the working papers
Q42: When a question arises regarding the going-concern
Q44: Analytical procedures are used in the overall