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going concern

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › going concern

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by Ken Garrett.
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  • November 13, 2012 at 1:20 pm #55248
    Vipin
    Member
    • Topics: 151
    • Replies: 365
    • ☆☆☆☆

    Is it mandatory for an auditor to conduct going concern review?

    on what circumstances an auditor would ask for written respresentations regarding the going concern assumptions?

    November 14, 2012 at 6:17 pm #107215
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10605
    • ☆☆☆☆☆

    You wouldn’t have done a proper audit without a going concern review.

    Auditors would always require written representations regarding going concern.

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