The auditor’s evaluation about the entity’s ability to continue as a going concern for a reasonable period of time, not to exceed one year beyond the date of the financial statements being audited is based on:

(a) The auditor’s knowledge of relevant conditions and events that exist at or have occurred prior to the date of the auditor’s report

(b) The auditor information obtained from the application of auditing procedures planned and performed to achieve audit objectives that are related to management’s assertions embodied in the financial statements being audited

(c) The management assertions concerning its ability to maintain the firm for a foreseeable period of time

(d) The auditor conclusion after assessing the management assertions that there is a substantial doubt about the entity’s ability to continue as a going concern for a reasonable period of time