如果management判断企业能going concern,但存在重大不确定性,就可以按going concern 编制报表但要对重大不确定事项充分披露。 For auditors: 1)obtain sufficient appropriate audit evidence aboutthe appropriateness of management’s use of the going concern assumption in thepreparation of the financial statements 获...
Going ConcernThe Public Company Accounting Oversight Board (PCAOB) has expressed interest in the following issues related to goingヽoncern modified audit opinions (GCOs): auditor's communication of factors that led to the GCO, the role of liquidity versus other factors in GCOs, and the subsequent...
The auditor will consider the adequacy of the disclosures made in the financial statements by management. If the auditor considers that the going concern basis is appropriate and that the disclosures are adequate, then the audit opinion will be unmodified and the auditor...
to conclude, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the entity's ability to continue as a going concern, and to determine the implications for the auditor's report ...
in the auditor’s report. Where the auditor has identified conditions which cast doubt over going concern, but audit evidence confirms that no material uncertainty exists, this ‘close call’ can be disclosed in line with ISA 701. This is because while the auditor may conclude that no material...
8、oingconcernassumptioninthepreparationofthefinancialstatements获得关于用goingconcernbasis编制报表是否充分的适当证据concludewhetherthereisamaterialuncertaintyabouttheentityhbiiitytocontinueasagoingconcern识别认定是否有影响goingconcern的重大不确定事项Considertheimplicationfortheauditreport如上证据获得后,看看其对auditopinion...
The auditor will consider the adequacy of the disclosures made in the financial statements by management. If the auditor considers the disclosures to be adequate, then the audit report will be modified by the inclusion of an Emphasis of Matter paragraph. The Emphasis of Matter paragraph will follo...
This study explores the value of the audit report in the context of the going concern qualification (GCQ) decision along the joint dimensions of auditor competence and independence. Likelihood of company failure, auditor switch rates, the self-fulfilling prophecy argument and audit firm size are ana...
Going Concern News Desk February 24, 2025 On average 56 minutes a day, or 18 hours a month, according to the 2025 State of AI in Accounting Report by Karbon. Who's working just 18 days a month?… Read More Your Critical Thinking Skills Might Suffer If You Use Gen AI at Work ...
LaSalle, R 2006, „The civil justice system and going concern audit reports: comments on "Auditors‟ decision-making under going concern uncertainties in low litigation risk environments: Evidence from Hong Kong" ‟, Journal of Accounting and Public Policy, Vol. 25, No. 6, pp. 740-745...