When the client is issuing shares subsequent to fieldwork, the auditor is required to perform a subsequent events review up to the effective date of the prospectus.

Question

Quizplus · Accepted Answer

The auditor is required to perform a subsequent events review up to the effective date of the prospectus when the client is issuing shares subsequent to fieldwork to ensure that all significant events that may affect the financial statements are identified and appropriately disclosed.

When the Client Is Issuing Shares Subsequent to Fieldwork, the Auditor