Question: After considering management's plans, if auditors determine there is substantial doubt about the entity's ability to continue as a going concern. the next steps are
After considering management's plans, if auditors determine there is substantial doubt about the entity's ability to continue as a going concern.
the next steps are to consider the possible effects on the financial statements and on the internal auditor's report
the auditor should attempt to locate alternative lines of debt and equity capital for the client
the next steps are to consider the possible effects on the financial statements and on the auditor's report
the auditor should consider withdrawing from the engagement
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