This case is available online in the Connect library. To complete this case, you will consider the

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This case is available online in the Connect library. To complete this case, you will consider the negative effects of auditors (a) failing to identify going- concern problems that exist and (b) reporting going- concern problems that do not exist.

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Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Question Posted: Nov 02, 2015 06:05 AM

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This case encourages thinking critically about evaluating going concern problems Many critics who contend that auditors do a poor job of predicting bu...View the full answer

Fundamentals of Financial Accounting

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