Pls need help with assessing firms going concern for part a and need help with part b as well. Thank you

6. During your work, you discuss with others on the following issues. (a) One of the partners at the ABC Auditing Firm is auditing an international firm that is cross listed in the United States. There is a new accounting standard issued by FASB that requires managers to evaluate and disclose a firm's going concern uncertainties on a quarterly basis. Previously, such mandates were not included in the U.S. GAAP. GAAS (Generally Accepted Auditing Standards) requires auditors to assess a firm's going concern ability and issue the going concern audit opinion deemed necessary. The partner is discussing with you the potential impact of this new standard. Please suggest the possible reasons that led to the issuance of this new going concern standard. Explain the management's consideration in providing going concern disclosure and the auditor's consideration in issuing going concern opinion. As an auditor, how would you assess a firm's going concern ability and what are the relevant factors in such assessment (11 marks)? I ( b ) One junior auditor is confused about the degree to which auditors should rely on the internal controls. One of his questions is "which assertion(s) help explain why auditors need to rely on internal controls at some minimal level?" Please explain to him (2 marks)