under u.s auditing standards when an auditor believes there is substantial doubt about the ability...

80.2K

Verified Solution

Question

Accounting

under u.s auditing standards when an auditor believes there is substantial doubt about the ability of an entity to continue as a going concern, all of the following should be included in the audit documentation except

1. the condition that gave rise to the substantial doubt

2. the auditor's conclusion about whether substantial doubt remains or is alleviated

3. managements conclusion regarding whether substantial doubt remains or is alleviated

4. the effect of the auditors conclusion on the auditor's report

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students