Explain the meaning of the following statement: The auditor should actively evaluate whether there is substantial doubt

Question:

Explain the meaning of the following statement: “The auditor should actively evaluate whether there is substantial doubt about the client’s ability to continue as a going concern.”

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Auditing The Art And Science Of Assurance Engagements

ISBN: 9780136692089

15th Canadian Edition

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan, Joanne C. Jones

Question Posted: