Question: For each client, an auditor will use their professional judgement to assess whether the going concern assumption is valid. There are several indicators that, alone

For each client, an auditor will use their professional judgement to assess whether the going concern assumption is valid. There are several indicators that, alone or combined, can suggest that the going concern assumption may be at risk.

Required:

List six events and conditions (indicators) that place doubt on the going concern assumption.

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