When should auditors generally assess a client's ability to continue as a going concern?
A)Upon completion of the audit
B)During the planning stages of the audit
C)Throughout the entire audit process
D)During testing and completion phases of the audit

Question

Quizplus · Accepted Answer

Auditors should assess a client's ability to continue as a going concern throughout the entire audit process to ensure they identify any potential issues as they arise and can adjust their audit approach accordingly.

When Should Auditors Generally Assess a Client's Ability to Continue