Many countries require auditors to alert users of financial statements when there is substantial doubt about an
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Many countries require auditors to alert users of financial statements when there is substantial doubt about an entity's ability to continue as a going concern. Given that this is the only forward-looking opinion offered by auditors, describe why you believe that this requirement is in place? Provide arguments for and against requiring it, and conclude by taking a position regarding whether this requirement should persist.
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Auditing Assurance And Risk
ISBN: 9780324313185
3rd Edition
Authors: W. Robert Knechel, Steve Salterio, Brian Ballou
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