If company is having Going concern issue, then as an auditor what are the requirements to bekept in mind while auditing and what will be the impact on audit opinion in audit report?

The auditor should evaluate whether Sufficient and appropriate audit evidence has been obtained and conclude on appropriateness of management use of going concern basis of accounting in preparation of Financial Statements 2) Based on audit evidence obtained, conclude whether material uncertainty exists related to events or conditions that, individually or collectively, may cast significant doubt…...

To get access, please buy CA Interview Question Bank
Scroll to Top