verse Opinion | Disclaimer | Going Concern issue

(note that you must either upload the financial statements you are examining or provide links to them.)

Find the report (from 2016 or later) publicly held company with an audit opinion that has:

• • an Adverse Opinion
  • a Disclaimer of Opinion
  • or a Qualified Opinion related to a Going Concern Issue.

Upload the statement. Explain the going concern audit opinion and the qualified audit opinion. Explain how the opinions differ based on IFRS and GAAP and the implications of SAS 126. Include the audited financial statement. Highlight the opinion. Explain what happened to the company, including:

• The stock price both before, during, and after the report was issued.
• What happened the following year.
• Anything else interesting
• Note that these companies may have had to restate their financial statements or may not be US companies.

Exposure Draft

Prepare a Comment on a recent exposure draft out for comments. Consult the Journal of Accountancy for a list of outstanding drafts. Prepare a comment that would be suitable for submission. Limit your answer to two pages. Be sure to include the time your are commenting on.