Investigations Events after the Reporting Period of the Financial Reporting Standard (FRS for LMEs) and Independent Auditing Standards for Large- and Medium-Size Enterprises

The events after the reporting period are a matter of importance in the auditing and accounting principles literature. Events occurring after the reporting period can have significant effects on the financial statements according to their nature. Therefore, independent auditors may ask the entity's management to scrutinize the effects of events occurring after the reporting period on the financial statements and make necessary adjustments in the financial statements according to the nature of the events. The main objective of this study is to explain the basis for the accounting of the subsequent events during the reporting period, but also to explain the control of these events in the context of exemplary applications