If auditors determine there is substantial doubt about the entity continuing as a going concern,. the next step is to obtain information about the auditor's plans to mitigate or minimize the adverse effects of the situation they should immediately issue an adverse opinion and withdraw from the engagement the auditors should immediately invoice the client for the cost of the audit and request payment within 30 days the next step is to obtain information about management's plans to mitigate or minimize the adverse effects of the situation