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Auditing Standard ASA 570 Going Concern
Scope of this Auditing StandardScope of this Auditing Standard
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Scope of this Auditing Standard
- This Australian Auditing Standard (ASA) deals with the auditor’s responsibilities in the audit of a financial report relating to going concern and the implications for the auditor’s report. Although this ASA applies irrespective of the entity’s size or complexity, particular considerations apply only for audits of financial reports of listed entities. (Ref: Para. A1–A2)