Question: The auditors conclude that there is substantial doubt about an entity's ability to continue as a going concern for a reasonable period of time. If
The auditors conclude that there is substantial doubt about an entity's ability to continue as a going concern for a reasonable period of time. If the entity's financial statements adequately disclose its financial difficulties, the auditors report is required to include an additional section that refers to a disclosure in the financial statements that references... 1. management's plans and 2. material misstatements.
a) 1. yes 2. yes
b) 1. yes 2. no
c) 1. no 2. yes
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