Sa 560 Notes
Sa 560 Notes
Important Questions
Q.36: Write short note on: Subsequent Events.
Or
Explain the meaning of term “Subsequent Event” as used in SA 560. Should all types of subsequent events
be considered by the auditor in attest functions? [May 12 (8Marks)]
Q.37: “the auditor should consider the effect of subsequent on the financial statements and auditor’s report
according to SA 560”. Comment.