Question
What is the going-concern assumption in regards to the perspective of an auditor performing an audit on a business or organization? What are the indicators
What is the “going-concern assumption” in regards to the perspective of an auditor performing an audit on a business or organization? What are the indicators of a potential going-concern problem?
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Answer Explanation The going concern principle is the assumption that an entity will remain in busin...
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Auditing and Assurance Services A Systematic Approach
Authors: William Messier, Steven Glover, Douglas Prawitt
9th edition
1308361491, 77862333, 978-1259248290, 9780077862336, 1259162346, 978-1259162343
