ASRE 2410 - Review of an Interim Financial Report Performed by the Independent Auditor of the Entity - April 2006
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Subsequent Events
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Obtain from management the latest interim financial report and compare them with the financial reports being reviewed or with those for comparable periods from the preceding year.
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Enquire about events after the balance sheet reporting date that would have a material effect on the interim financial report under review and, in particular, enquire whether:
(a) any substantial commitments or uncertainties have arisen subsequent to the balance sheet date;
(b) any significant changes in the share capital, long-term debt or working capital have occurred up to the date of enquiry; and
(c) any unusual adjustments have been made during the period between the balance sheet reporting date and the date of enquiry.
Consider the need for adjustments or disclosure in the interim financial report.
- Obtain and read the minutes of meetings of shareholders, those charged with governance and appropriate committees subsequent to the balance sheet date.