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Going concern and audit report?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Going concern and audit report?

  • This topic has 2 replies, 2 voices, and was last updated 12 years ago by foxman.
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  • December 7, 2012 at 11:22 am #56254
    foxman
    Member
    • Topics: 9
    • Replies: 15
    • ☆

    If only I had asked this before the exam. If the auditors and directors disagree on the going concern issues then what should the report contain?
    I can sort of justify an adverse opinion and a qualified audit report. Does it depend on the state of the company and how uncertain its future looks?

    December 7, 2012 at 11:36 am #110872
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10606
    • ☆☆☆☆☆

    Seems good to me : -)

    December 7, 2012 at 4:01 pm #110873
    foxman
    Member
    • Topics: 9
    • Replies: 15
    • ☆

    Does that mean either option is correct?

    Many thanks to you Gromit.

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