Explain briefly the auditors responsibility for assessing the propriety of the auditee adopting the going concern assumption

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Explain briefly the auditor’s responsibility for assessing the propriety of the auditee adopting the going concern assumption during:

(i) The ‘risk assessment’ phase of the audit.

(ii) The ‘evidence gathering’ phase of the audit.

(iii) The ‘completion and review’ phase of the audit.

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Principles Of External Auditing

ISBN: 9780470974452

4th Edition

Authors: Brenda Porter, Jon Simon, David Hatherly

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