In regard to identifying and evaluating subsequent events, AU 560.12 specifies that the auditor inquires of management having responsibility for financial and accounting matters as to:
A) any substantial contingent liabilities or commitments existing at the balance sheet date or report date.
B) any significant changes in capital stock, long-term debt, or working capital to the date of inquiry.
C) the current status of items previously accounted for on the basis of tentative, preliminary, or conclusive data.
D) whether any unusual adjustments have been made since the report date.
E) litigation, claims, and assessments.

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The Answer of In regard to identifying and evaluating subsequent events, AU 560.12 specifies that the auditor inquires of management having responsibility for financial and accounting matters as to:
A) any substantial contingent liabilities or commitments existing at the balance sheet date or report date.
B) any significant changes in capital stock, long-term debt, or working capital to the date of inquiry.
C) the current status of items previously accounted for on the basis of tentative, preliminary, or conclusive data.
D) whether any unusual adjustments have been made since the report date.
E) litigation, claims, and assessments.

In Regard to Identifying and Evaluating Subsequent Events, AU 560