Explain briefly the auditor's responsibility for assessing the propriety of the auditee adopting the going concern assumption
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Question:
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.
Related Book For
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
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