note: select one or more answer

A significant customer of the firm suffers a large economic loss after year end, but prior to completion of field work. The audit client believes this event will have material effect on the financial statements. The auditor should: Select one or more: O a. advise the client to disclose the event in the notes to the financial statements. b. adjust the financial statements for the year under audit. add a paragraph to the audit report. O d. advise the client to delay issuing the financial statements until the economic loss can be determined