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A basic assumption that underlies financial reporting is that an entity will continue as a going concern. Explain the assessment of the entity s going
A basic assumption that underlies financial reporting is that an entity will continue as a going concern. Explain the assessment of the entitys goingconcern status, including but not limited to: management responsibility, auditors responsibility, and the effect on the auditors report.
A basic assumption that underlies financial reporting is that an entity will continue as a going
concern. Explain the assessment of the entitys goingconcern status, including but not limited
to: management responsibility, auditors responsibility, and the effect on the auditors report.
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