Typically, when a going concern issue exists the auditor should:
A)Issue an unqualified opinion with an explanatory paragraph
B)Explain the reasons for the going concern issue
C)Indicate where management's plans to deal with the going concern are addressed
D)All of the above

Question

Quizplus · Accepted Answer

When a going concern issue exists, the auditor should issue an unqualified opinion with an explanatory paragraph that explains the reasons for the issue and indicates where management's plans to deal with the issue are addressed. Therefore, all of the above choices are the best options.

Typically, When a Going Concern Issue Exists the Auditor Should