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Author Question: Which of the following audit procedures would most likely assist an auditor in identifying ... (Read 43 times)

mimie

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on: Aug 21, 2022

Question 1

When should auditors generally assess a client's ability to continue as a going concern?
◦ upon completion of the audit
◦ during the planning stages of the audit
◦ throughout the entire audit process
◦ during testing and completion phases of the audit

Question 2

Which of the following audit procedures would most likely assist an auditor in identifying conditions and events that may indicate there could be substantial doubt about an entity's ability to continue as a going concern?
◦ review compliance with the terms of debt agreements
◦ confirmation of accounts receivable from principal customers
◦ reconciliation of interest expense with debt outstanding
◦ confirmation of bank balances
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by mimie on Aug 21, 2022

studyforce.com

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mimie

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

Zebsrer

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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