Unless all TCWG are involved in managing the entity, the auditor shall communicate with TCWG events or conditions identified that may cast significant doubt on the entity's ability to continue as a going concern. Such communication with those charged with governance shall include the following: O a. The adequacy of related disclosures in the financial statements O b. Whether the events or conditions constitute a material uncertainty O c. Whether management's use of the going concern basis of accounting is appropriate in the preparation of the financial statements O d. All the options
Unless all TCWG are involved in managing the entity, the auditor shall communicate with TCWG events or conditions identified that may cast significant doubt on the entity's ability to continue as a going concern. Such communication with those charged with governance shall include the following: O a. The adequacy of related disclosures in the financial statements O b. Whether the events or conditions constitute a material uncertainty O c. Whether management's use of the going concern basis of accounting is appropriate in the preparation of the financial statements O d. All the options
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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31-Unless all TCWG are involved in managing the entity, the auditor shall communicate with TCWG events or conditions identified that may cast significant doubt on the entity's ability to continue as a going concern. Such communication with those charged with governance shall include the following:
O a. The adequacy of related disclosures in the financial statements
O b. Whether the events or conditions constitute a material uncertainty
O c. Whether management's use of the going concern basis of accounting is appropriate in the preparation of the financial statements
O d. All the options
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