Question
We discussed in class that during the financial crisis in 2008-2009, about 25% of U.S. public firms were expected to receive going concern opinions from
We discussed in class that during the financial crisis in 2008-2009, about 25% of U.S. public firms were expected to receive going concern opinions from their public auditors. Required: Define (1) the going concern assumption in accounting and (2) going concern opinions.
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Accounting What The Numbers Mean
Authors: David Marshall, Wayne McManus, Daniel Viele
8th Edition
0073379417, 978-0073379418
