Uncategories Which type of subsequent event requires consideration by management and evaluation by the auditor?

Which type of subsequent event requires consideration by management and evaluation by the auditor?

Which type of subsequent event requires consideration by management and evaluation by the auditor?

a. Subsequent events that have a direct effect on the financial statements and require adjustment.
b. Subsequent events that have no direct effect on the financial statements but for which disclosure is advisable.
c. Both a and b.
d. Neither a nor b.