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Auditor's Procedures - Going Concern
In forming a thought on the going to relate position of a company, the auditors have to:
a) Examine the company, its plans for the future, its background, review of cash flows and the financing plans;
b) At every level of the audit research for and evaluate evidence for and against the going to relate applicability;
c) Whether he is in doubt, and the directors have formulated plans for the continuation of the company, he has to evaluate these plans, ensuring about:
d) Consider where he has enough evidence to form a thought on the applicability of the going to relate assumption.
Final Review of the Financial Statements The work we have considered so far has shown which the auditor first gathers facts that the enterprise and the environment it operates
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Describe the factors which decide the broad area of Scientific activity?
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