What is a review for subsequent events? What should an auditor do if he becomes aware of

Question:

What is a review for subsequent events? What should an auditor do if he becomes aware of facts that existed at the date of the auditor’s report after the financial statements have been issued?

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...