In auditing for subsequent events the auditor should read the minutes of meetings of the board of directors and stockholder meetings from year end through the last date of field work.

Question

Quizplus · Accepted Answer

Reading minutes of meetings of the board of directors and stockholder meetings from year end through the last date of field work is necessary for the auditor to identify any subsequent events that may impact the company's financial statements.

In Auditing for Subsequent Events the Auditor Should Read the Minutes