CASE 5-1 EVENTS SUBSEQUENT TO FINANCIAL REPORT DATE Source: This case was adapted from 1993 Advanced Audit module material in the (CA) Program of the ICAA and modified for current auditing standards (ASAS/ISAs). STANDARDS ISA/ASA 560 ISA/ASA 320 Consider each of the following situations separately. Assume that all the following events and effects thereof are highly material in all cases: the financial report date of the companies is 31 December 2014; the field work for the companies was completed on 20 February 2015; the financial report and audit report were signed on 3 March 2015; the financial report and audit report were mailed to the members on 10 March 2015;