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Auditing Standard ASA 600 Special Considerations—Audits of a Group Financial Report (Including the Work of Component Auditors)
Subsequent EventsSubsequent Events
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Subsequent Events
- In applying ASA 560,[28] the group auditor shall take responsibility for performing procedures, including, as appropriate, requesting component auditors to perform procedures, designed to identify events that may require adjustment of, or disclosure in, the group financial report. (Ref: Para. A150)
Considerations When Component Auditors Are Involved
- The group auditor shall request the component auditors to notify the group auditor if they become aware of subsequent events that may require adjustment of, or disclosure in, the group financial report. (Ref: Para. A150)