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Terry Industries engages Rose & Co . , CPAs, to audit its annual financial statements. Rose suggests a going concern opinion and before Rose is
Terry Industries engages Rose & Co CPAs, to audit its annual financial statements. Rose suggests a going concern opinion and before Rose is able to complete the audit, Terry terminates the relationship and requests that the audited financial statements be provided to Terry. What action should Rose take under the Records Requests interpretation? rose should issue an inqualified opinion without resolving the going concern issue, rose should release the audit report only if terry pays its fee in full. rose should file a compliant with the department of consumer affairs rose should withhold its audit report if it does not comply with professional standards
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