Which of the following statements about subsequent events is true?

1. Under U.S. GAAP, subsequent events are evaluated until financial statements are issued or available to be issued, depending on whether the entity is an SEC filer.Under IFRS, subsequent events are evaluated until the financial statements are authorized for issuance.
2. Under U.S. GAAP, entities that are SEC filers are required to evaluate subsequent events through the date the financial statements are issued. Under U.S. GAAP Financial statements are "issued" as of the date they are widely distributed to shareholders and other financial statement users for general use and reliance in a form and format that complies with U.S. GAAP. (Generally when posting on the issuer's website or filed with the SEC but not upon issuance of an earnings release).
3. Under U.S. GAAP for entities that are not SEC filers, financial statements are available for issuance when they are complete, comply with U.S. GAAP, and have necessary approvals for issuance.
4. All of the above is true.