Question 4 Not yet answered A significant customer of the firm suffers a large economic loss after year end, but prior to completion of field work. The audit client believes this event will have material effect on the financial statements. The auditor should: Marked out of 2.5 Flag question Select one or more: a. advise the client to disclose the event in the notes to the financial statements. b. adjust the financial statements for the year under audit. D C advise the client to delay issuing the financial statements until the economic loss can be determined. d. add a paragraph to the audit report