Which of the following events occurring after the issuance of an auditor's report most likely would cause

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Which of the following events occurring after the issuance of an auditor's report most likely would cause the auditor to make further inquiries about the previously issued financial statements?

a. A technological development that could affect the entity's future ability to continue as a going concern.

b. The discovery of information regarding a contingency that existed before the financial statements were issued.

c. The entity's sale of a subsidiary that accounts for \(30 \%\) of the entity's consolidated sales.

d. The final resolution of a lawsuit explained in a footnote

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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