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Auditing Standard ASA 570 Going Concern
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- In applying ASA 230,[13] the auditor shall include in the audit documentation significant professional judgements made relating to the auditor’s:
- Conclusions on:
- The appropriateness of management’s use of the going concern basis of accounting in the preparation of the financial report; and
- Whether or not a material uncertainty exists; and
- Determination of the adequacy of management’s disclosures in the financial report related to going concern.
- Conclusions on:
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