Reference no: EM132753056

Problem 1: Which of the following are subsequent events in accordance with ISA 560 Subsequent Events?

(i) Events during the reporting period that are material to the prior period's financial statements
(ii) All events that provide evidence of conditions that existed at the reporting date
(iii) Events occurring between the reporting date and the date of the auditor's report
(iv) Facts that become known after the date of the auditor's report

Option 1: (i) and (ii)

Option 2: (i) and (iv)

Option 3: (ii) and (iii)

Option 4: All