What is one of the auditor's responsibilities after the audit sign-off?

After the audit has been signed off, one of the auditor's key responsibilities is to react to any new knowledge of events that may require disclosure or an adjustment in the financial statements. This obligation arises from the principle of ensuring that the financial statements presented to stakeholders remain accurate and reliable, particularly in light of information that could impact the users' understanding of the entity's financial position or performance.

New information that surfaces after the date of the auditor’s report can significantly affect the interpretation of the financial results. This could include events occurring between the audit report date and the issuance date of the financial statements, which may indicate that the financial statements are not free from material misstatements or may necessitate further disclosures. Reacting appropriately ensures that users of the financial statements are informed and that the integrity of the audit is maintained.

The other options do not align with the auditor's responsibilities following sign-off. Seeking legal action is not a standard role for auditors in the context of their responsibilities after an audit is completed. Discussing findings only with clients may limit the scope of necessary communication to stakeholders and the public. Ignoring new information about events contradicts the auditor's duty to uphold the credibility and accuracy of financial reporting. Thus, reacting to new knowledge is the most appropriate