belongs to book: AUDITING & ASSURANCE SERVICES | A Systematic Approach|William F.Messier, Steven M.Glover, Douglas F. Prawitt|10th Edition| Chapter number:17| Question number:17.9
List the three overall steps in the auditor's going concern evaluation process.
total answers (1)
start bookmarking useful questions and collections and save it into your own study-lists, login now to start creating your own collections.
- assess whether the outcome of the audit procedures indicates any significant doubts
- inquire about the causes of the company's inability to continue its business and the managements planned measure to solve the going concern problems.
- analyze the managements plan to know whether the company is able to continue its business through this plan
need an explanation for this answer? contact us directly to get an explanation for this answer