You are auditing the financial statements of Bigresults Trading, a listed company, for the year ended 31st December 2012. The senior partner of your audit firm has asked you to consider the auditors responsibilities for identifying subsequent events. Also, he has asked you to describe the audit procedures which examine subsequent events. He has suggested that an example of one point in answer to part (b) below would be: checking accounts receivable cash received after the year end to determine the realizability of accounts receivable balances at the year end and highlight doubtful balances on the accounts receivable ledger. The detailed audit work was completed on Friday 5th February 2013. It is proposed that: a) The audit report is signed on Friday 19th February 2013 b) The financial statements are sent to shareholders on Monday 5th March 2013 and c) The company annual general meeting will be held on Wednesday 28th March 2013. At this meeting the shareholders vote for approve the financial statements. Required: a) Consider the auditors responsibilities for detecting material subsequent events in the periods: i) 31st October to 5th January 2013 ii) 5th January to 19th February 2013 iii) 19th February 2013 to 5th March 2013 iv) 5th March 2013 to 28th March 2013 v) After 28th March 2013 b) Identify and explain audit procedures which involve examination of subsequent events c) identify and explain appropriate audit work you will carry out in period (a) ii above