Communication with Those Charged with GoCommunication with Those Charged with Governance

Communication with Those Charged with Governance

1. Unless all those charged with governance are involved in managing the entity,[7] the auditor shall communicate with those charged with governance events or conditions identified that may cast significant doubt on the entity’s ability to continue as a going concern. Such communication with those charged with governance shall include the following:
   1. Whether the events or conditions constitute a material uncertainty;
   2. Whether the use of the going concern assumption is appropriate in the preparation and presentation of the financial report;
   3. The adequacy of related disclosures in the financial report; and

Aus 23.1 Whether management is unwilling to make or extend its assessment as described in paragraph 22 of this Auditing Standard.