Many countries require auditors to alert users of financial statements when there is substantial doubt about an

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Many countries require auditors to alert users of financial statements when there is substantial doubt about an entity's ability to continue as a going concern. Given that this is the only forward-looking opinion offered by auditors, describe why you believe that this requirement is in place? Provide arguments for and against requiring it, and conclude by taking a position regarding whether this requirement should persist.

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Auditing Assurance And Risk

ISBN: 9780324313185

3rd Edition

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

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