This document is an implementation guide for Standard on Auditing (SA) 560, focusing on Subsequent Events. It provides practical guidance in a question-and-answer format to help auditors understand and apply the requirements of SA 560 effectively in real-life audit situations. The guide covers various scenarios related to events occurring between the financial statement date and the auditor's report date, and facts that become known after the report is issued. It is particularly useful for chartered accountants and auditors involved in financial statement audits.