You are the auditor of LMN Ltd. The company's financial statements for the year ended 31 st March, 2025, along with your audit report, were issued…

SA 560 "Subsequent Events" - The auditor has no obligation to perform any audit procedures regarding such financial statements after the financial statements have been issued. However, when, after the financial statements have been issued, a fact becomes known to the auditor that, had it been known to the auditor at the date of the auditor's report, may have caused the auditor to amend the auditor's report, the auditor shall: - Discuss the matter with management and, where appropriate, those charged with governance.Determine whether the financial statements need amendment and, if so,Inquire how management intends to address the matter in the financial statements.If the management amends the financial statements, the auditor shall carry out the audit procedures necessary in the circumstances on the amendment.Review the steps taken by management to ensure that anyone in receipt of the previously issued financial statements together with the auditor's report thereon is informed of the situation.Extend the audit procedures, already referred, to the date of the new auditor's report and provide a new auditor's report on the amended financial statements.Include in the new auditor's report Modified opinion as applicable/ an Emphasis of Matter paragraph or Other Matter(s) paragraph referring to a note to the financial statements that more extensively discusses the reason for the amendment of the previously issued financial statements and to the earlier report provided by the auditor.If management does not take the necessary steps to ensure that anyone in receipt of the previously issued financial statements is informed of the situation and does not amend the financial statements in circumstances where the auditor believes they need to be amended, the auditor shall notify management that the auditor will seek to prevent future reliance on the auditor's report.If, despite such notification, management or those charged with governance do not take these necessary steps, the auditor shall take appropriate action to seek to prevent reliance on the auditor's report.