Question
If events or conditions have been identified that may cast significant doubt on the entitys ability to continue as a going concern, the auditor shall:
If events or conditions have been identified that may cast significant doubt on the entitys ability to continue as a going concern, the auditor shall:
i) Obtain sufficient appropriate audit evidence to determine whether or not a material uncertainty exists
ii) Request management to make its assessment of the material uncertainty
iii) Evaluate managements plans for future actions in relation to its going concern assessment, whether managements plans are feasible
iv) Evaluate the reliability of the underlying cash flow data
v) Request written representations from management regarding their plans
A.
i) ii) and iv)
B.
iii) iv) and v)
C.
ii) iii) and iv)
D.
i) ii) iii) iv) and v)
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