Question: Are auditors required to evaluate the likelihood of a client remaining a going concern as a part of each audit? What types of conditions and

Are auditors required to evaluate the likelihood of a client remaining a going concern as a part of each audit? What types of conditions and factors should auditors consider when making the evaluation?

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Yes auditors are required to evaluate the likelihood of a client remaining a going concern as part of each audit This is a standard procedure to deter... View full answer

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