Evaluate why the accounting assumption of going concern is of interest to auditors. Are there specific audit

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Evaluate why the accounting assumption of “going concern” is of interest to auditors. Are there specific audit procedures that must be performed related to the going concern assumption? Why or why not?

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Auditing A Practical Approach with Data Analytics

ISBN: 978-1119401742

1st edition

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

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Question Posted: Jan 10, 2020 07:50 AM

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What is the accounting assumption of "going concern"? Why is it of interest to auditors?
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Evaluate why the accounting assumption of going concern is of interest to auditors. Are there specific audit

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The going concern assumption refers to the viability of an entity to remain in business for the fore...View the full answer

Auditing A Practical Approach with Data Analytics

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