Question: Every audit includes procedures to review for subsequent events and transactions. A. What type of subsequent events should the auditor identify and evaluate as part

Every audit includes procedures to review for subsequent events and transactions.

A. What type of subsequent events should the auditor identify and evaluate as part of the audit work?

B. Give two examples of each type of subsequent events.

C. What audit procedures are necessary to search for the two examples of subsequent events identified in B above?

D. How should the client treat each type of subsequent event?

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