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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
Which of the following events occurring after the issuance of a set of financial statements and the accompanying auditor’s report would be most likely to cause the auditor to make further inquiries about the financial statements?
a. A technological development in the industry that could affect the entity’s future ability to continue as a going concern.
b. The entity’s sale of a subsidiary that accounts for 30 percent of the entity’s consolidated sales.
c. The discovery of information regarding a contingency that existed before the financial statements were issued.
d. The final resolution of a lawsuit explained in a separate paragraph of the auditor’s report.
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