If the auditor continues to have substantial doubt about the client continuing as a going concern,the auditor should evaluate the adequacy of the client's related disclosures.

Question

Quizplus · Accepted Answer

If the auditor continues to have substantial doubt about the client's ability to continue as a going concern, then the auditor should evaluate the adequacy of the client's related disclosures in the financial statements. This is required by auditing standards to ensure that the financial statements are fairly presented and provide sufficient information for users to make informed decisions. Therefore, the answer is true.

If the Auditor Continues to Have Substantial Doubt About the Client