Question: What is substantial doubt about going concern? How is the audit report modified when the auditor concludes there is substantial doubt about an entitys ability

What is substantial doubt about going concern? How is the audit report modified when the auditor concludes there is substantial doubt about an entity’s ability to continue as a going concern? When there is substantial doubt about going concern and financial statement disclosure is not adequate?

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This exists when there is concern that the company cannot continue to do business in its cur... View full answer

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