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Explain why after the auditor issues the audit report to a CPA firm they encounter evidence...

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Accounting

Explain why after the auditor issues the audit report to a CPA firmthey encounter evidence showing that the clients financialstatements one materially missed stated or lacked disclosures thatare required. What would happen at this point? What if the clientrefuses to cooperate? What are the responsibilities Of the auditorand give to real world examples where issues like this willoccur.

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If management does not revise the financial statements in circumstances when the auditor believes they need to be revised when the misstatement in the financial statement has been discovered after the issuance of audit report then A If the audited financial statements have not been made available to third parties the auditor should notify management and those charged with    See Answer
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