What action can be taken by an auditor after the discovery of material misstatements after the signing of the report,the directors having refused to ammend the financial statements?
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AASubsequent events.
If directors refuse to ammend the F/S, seek for legal advice with the objective of trying to prevent further reliance on the auditor's report
If directors do not agree to amend FS, the auditor will make a statement in AGM and seek legal advice.
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