CTHRepealedLegislation
ASA 570 - Going Concern - April 2006
Communicating with Those Charged With GoCommunicating with Those Charged With Governance and Management
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Communicating with Those Charged With Governance and Management
50 The auditor shall communicate with those charged with governance or management, as soon as practical, the impact on the auditor’s report where:
(a) there is a material uncertainty as described at paragraphs 39 and 41;
(b) the going concern assumption is inappropriate as described at paragraph 43; or
(c) management is unwilling to make or extend its assessment as described in paragraph 46.
51 See ASA 260 Communication of Audit Matters with Those Charged With Governance for additional mandatory requirements and explanatory guidance.