please answer the discussion point.

The end of the financial year is December 31, 2000. The audit report assigned February 15, 2021. The financial statements were approved by the board of directiesce February 15, 2021, and released to the public that same day, along with the dispeet Required You have been given a number of independent situations below. Describe what action should be requested of the client by their cach of the following situations. Potential options include: requesting that the client make a disclosure in the notes to the acces requesting that the client make an adjustment (name the account . advising the client of a change in audit opinion (what sort of opimice should be given) . doing thing Explain your answer. Include an accounting and for auditing standard and paragraph reference to support your answer (a) You discover on January 15, 2021, that Shoez, a major customer. bas become sent and Cloud 9 will not be able to collect amounts owing to it (b) You discover on February 10, 2021. that a customer is suing Cloud 9 after they slipped and fell inside a Cloed retail outlet. The accident occurred in November 2017 fc) On January 31, 2021. the federal government released a draft paper preparing an increase in import duties on all goods from China of 150 percent starting in July 2021. This increase in duties would increase the price of Cloud 9 shoes significantly above the prices of competition (d) At the official launch of the financial statements, you overhear the Financial Controller discussing a site where an employee has been stealing cash froe Cod 9. (e) In March 2021. you read a newspaper anicle about Cloud 9 possibly purchasing the shoe company Groovys She a competitor) Aid: (a) (b) (c) (d) (e) Discussion points Consider what additional information might be required to be able to concludes the appropriate treatment of these subsequent events. What would the most selle source for this additional information be