Going Concern & the effect on the auditor's reportForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Going Concern & the effect on the auditor's reportThis topic has 1 reply, 2 voices, and was last updated 7 years ago by Ken Garrett.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 27, 2018 at 12:45 am #454163 gangsta1MemberTopics: 75Replies: 10☆☆Sir kindly confirm if i have this correct.If the going concern assumption is appropriate but a material uncertainty exist.The auditor concluded that a disclosure was made in the financial statements and that it was adequate.Effect on auditor’s report as follows: Modify audit report with the inclusion of a “Material Uncertainty Relating to Going Concern Paragraph”. May 27, 2018 at 5:15 am #454179 Ken GarrettKeymasterTopics: 10Replies: 10599☆☆☆☆☆Correct.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In