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The term "subsequent events" refers to occurrences that occur after a company's fiscal year ends but before its financial results are revealed. To put it another way, the following occurrences occur after the cut-off date but before the corporation submits its financial statements. Depending on the circumstances, further developments may necessitate financial statement disclosure.

The events that occur between the end of the reporting period and the date on which the financial statements are permitted for issuance are referred to as events after the reporting period. There are two sorts of events:

1. Those that show what happened at the conclusion of the reporting period (adjustment events); and
2. Those that show what happened beyond the reporting period (post-reporting events) (non-adjusting events).

The amounts recognized in the financial statements are adjusted to reflect adjusting events, but they are not adjusted to reflect non-adjusting events. IAS 10 requires disclosures if non-adjusting events occur beyond the reporting period.

Therefore option (d) Authorization date of the financial statements is the correct option.

a) An overview of a company's accounts, a balance sheet that displays assets and liabilities, and an income statement that illustrates the results of operations over time are all included in the financial statements.

b) Subsequent events are reviewed through which the financial statements under IFRS are disclosed at the authorization date and are not related to the event review after sixty days from the year's end date

c) An auditor cannot disclose subsequent events from an independent opinion. The auditor should follow IFRS guidelines.