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What is your opinion of the appropriateness of how...

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What is your opinion of the appropriateness of how auditors convey doubts about a firm's going concern status to users? When should such a report be made? What are the consequences of such a report to the company? What are the consequences of such a report to the auditor? Do you think users understand that a going concern report is an unqualified opinion with an explanation? If not, how do you believe they interpret it?

 

Paper#9283 | Written in 18-Jul-2015

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