1-Discuss the conditions that prohibit the auditor from issuing an unqualified/unmodified opinion? 2-In your opinion what are the steps used by an auditor to evaluate an entity’s ability to continue as a going concern? 3-Discuss and identify the two primary types of subsequent events that require consideration by management and evaluation by the auditor and give two examples of each type? 4-Explain in detail the prohibited relationships?

1-Discuss the conditions that prohibit the auditor from issuing an unqualified/unmodified opinion?

2-In your opinion what are the steps used by an auditor to evaluate an entity’s ability to continue as a going concern?

3-Discuss and identify the two primary types of subsequent events that require consideration by management and evaluation by the auditor and give two examples of each type?

4-Explain in detail the prohibited relationships?

 

Solution

New President of the company and future plans

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