ABC Auditors Are Auditing Jersey Charities, Which Is Incorporated as a Not-For-Profit

Multiple Choice

ABC Auditors are auditing Jersey Charities, which is incorporated as a not-for-profit charitable organization. The fiscal year-end is June 30, 20X0. The auditors concluded their work on July 15^th, 20X0 and dated their audit report on that date. On July 20th, a major donor declared bankruptcy, leaving in serious doubt collection by Jersey of material pledges owed. The auditors should:

A) recall the audit report and re-issue a new one.
B) issue an amendment to the audit report dated July 20^th.
C) determine if the financial statements have been made available.
D) depending on the circumstances, the auditor may choose any of the above.