If an auditor becomes aware after the date of the auditors report but before the financial statements

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If an auditor becomes aware after the date of the auditor’s report but before the financial statements are issued of a fact that may materially affect the financial statements, the auditor should: 

(a) Consider whether the financial statements need changing. 

(b) Discuss the matter with management. 

(c) Take the action appropriate in the circumstances. 

(d) All of the above.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Related Book For  answer-question

Auditing A Practical Approach

ISBN: 978-1118849415

2nd Canadian edition

Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren

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