1) under ISA 570 going concern, obtain sufficient appropriate audit evidence about appropriateness by of management’s use of the going concern assumption in the preparation of the financial statements by undertaking appropriate substantive procedures 2) consider whether going concern assumption is adequate...
This study aims to identify which of the indicators used to assess whether an entity may not be able to continue as a going concern are regarded by Italian partners in auditing firms and Italian accounting and finance academics as being the most important. The indicators and ratios are those ...
ISA 570 Going concern discusses the procedures the auditor should follow in this scenario. Although the audit opinion in the auditor's report may be modified ultimately, the auditor would not take this action before obtaining sufficient evidence on which to base his decision. 统计:共计3人答过,...
ISA 570 Going concern identifies s and conditions that may cast doubt about the going concern assumption. Which of the following are identified by ISA 570 as financial factors?(1) Loss of key customers(2) Net liability position(3) Substantial operating losses(4) Shortages of key raw materials...
performance of the business.\nThe auditor will need to exercise their professional judgement when evaluating management's assessment, identifying the critical assumptions and data, considering whether sufficient appropriate audit evidence has been obtained, and concluding on going concern in the audit ...
This study aims to identify which of the indicators used to assess whether an entity may not be able to continue as a going concern are regarded by Italian partners in auditing firms and Italian accounting and finance academics as being the most important. The indicators and ratios are those ...
A going concern standard based on ISA 570 came into effedoi:10.2139/ssrn.2377169Sundgren, StefanSvanstrm, TobiasSocial Science Electronic PublishingMarchau, VAWJ, van der Heijden, RECM & Molin, EJE: "Desirability of driver assistance from road safety perspective: the case of ISA". Safety ...