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...
If a company is not a going concern, that means there is risk the company may not survive the next 12 months. Management is required to disclose this fact and must provide the reasons why they may not be a going concern. Management must also identify the basis in which the financial stat...
The "Going Concern" Assumption: Accounting and Auditing Implications (Book) ML Magnan,J Bedard 被引量: 6发表: 1994年 Boritz, J.E. The "Going Concern" Assumption: Accounting and Auditing Implications First page of article ML Magnan - 《Contemporary Accounting Research》 被引量: 2发表: 1994年...
Under U.S. auditing standards, the going concern period cannot exceed one year from the date of the financial statements being audited. Choices "c", "d", and"a" are incorrect, based on the above answer. 统计:共计5人答过,平均正确率60% 问题:进入高顿部落发帖帮助...
4) going-concern auditing opinion 持续经营不确定审计意见5) going concern(accounting) 持续经营(会计)6) going concern[accounting] 持续经营[会计]补充资料:审计 审计audit 依照法律规定独立进行经济监督的一种形式。它根据国家的有关法律和法规以及公认的专业准则等,由独立于当事人之外、被授权或委托的专业...
Under International Auditing Standards.(ISA), the time horizon for a going concern consideration is A. At leas. twelve months from the dat. of the financial statements. B. At least twelve months from the date of the audit report. C. Not longer than twelve months from the date of the ...
International Standard on Auditing (ISA) 570 clearly outlines the objectives of the auditor about the use of the going concern basis in the accounts: to obtain sufficient appropriate evidence about the appropriateness of management's use of the going concern basis ...
auditing standards. Key Facts Entities must perform a going concern assessment by evaluating their ability to meet their obligations for a look-forward period of one year from the financial statement issuance date (or date the financial statements are available to be issued). Disclosures ...
Going Concern Evaluation Even though the going concern principle is important for GAAP, the GAAP does not detail this concept. Thus, this concept is open to many interpretations. However, GAAS (Generally accepted auditing standards) gives auditors some instructions regarding the going concern principle...
1. Chinese Listed Companies Research on Type of Audit Opinions in Going-concern Ability under the Major Uncertainties; 上市公司持续经营能力重大不确定性下审计意见类型研究2. People are paying more attention to the uncertainness of going-concern, which makes the evaluation research of going-concern ...