Question
1.AICPA auditing standards require a discussion among the engagement team about the susceptibility of the financial statements to material misstatements. What are some of the
1.AICPA auditing standards require a discussion among the engagement team about the susceptibility of the financial statements to material misstatements. What are some of the purposes of this discussion?
5.The clients going concern status is an audit reporting issue that is addressed at the conclusion of the audit. Auditing standards require the auditor to assess whether the client is likely to continue in existence for a reasonable period of time after the date of the financial statements. Indicate reasons why the auditor should also assess the companys going concern status in the planning stage of the audit.?
can I get the answers please.
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