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29. An auditor concludes that there is substantial doubt about a client's ability to continue...

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Accounting

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29. An auditor concludes that there is substantial doubt about a client's ability to continue as a going concern. If the client's financial statements adequately disclose its financial difficulties, which one of the following opinions should the auditor issue? (Hint: think carefully about the fact that the client's financial statements adequately disclose its financial difficulties). a. The auditor should issue a disclaimer opinion. b. The auditor should issue a qualified opinion. c. The auditor should issue an unqualified opinion. The auditor should issue a qualified opinion and add an explanatory paragraph detailing the isues angto the going concem judgment. d

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