The future value of ASSET values...is an extreme concern for auditors... We always need to assess whether the entity will recieve the expected benefit in the future as the Balance Sheet valuation presents. Discuss the importance of the Allowance for Doubtful Account valuation for Accounts Recievable and the Impairment process for Goodwill pertaining to the complexities involved in attesting as to whether the Financial Statements are: a. Following GAAP b. Adequately Disclosing Data c. Consistency in the application of GAAP