If the financial statements are prepared under the going concern basis of accounting,

• A.The auditor need not conclude on whether substantial doubt exists that the entity is a going concern if the statements are prepared using a special purpose framework.

• B.The auditor need not conclude on whether substantial doubt exists that the entity is a going concern unless the applicable framework requires an assessment by management.

• C.Management must assess the entitys ability to continue as a going concern even if not required by the applicable framework, and the auditors evaluation must address managements evaluation.

• D.The auditor should express a qualified opinion and include an additional paragraph if managements use of the going concern basis rather than the liquidation basis is inappropriate.