Reporting under section 227

AS 4 require that non adjustable event should be disclosed in the report of a an approving authority i.e. Director's report in case of a company. Where company doesn't discloses in the director's report it would be violation of AS 4. Section 227 requires auditor to report whether company has complied with AS. Since director's report is prepared subsequent to auditor's report, how we as statutory auditor dealing with the sittuation?? please do comment.