Which of the following procedures would an auditor ordinarily perform during the review of subsequent events?
A. An analysis of related party transactions for the discovery of possible irregularities.
B. A review of the cut-off bank statements for the period after the year-end.
C. An inquiry of the client's legal counsel concerning litigation.
D. An investigation of material weaknesses in internal control previously communicated to the client.

C. An inquiry of the client's legal counsel concerning litigation.

Explanation:

A subsequent event is a term that describes the aftermath of a reporting period, with the financial statement yet to be made or readily available to be issued.

During this period, it is expected that auditor performs his role such that, appropriate or sufficient evidence are gathered, which will indicates that there is am assurance of all events are identified and truly accounted for in financial statements.

Among the roles of the auditor during this period or subsequent event, includes: Inquiring of the client's legal counsel concerning litigation.

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