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811An Entities Ability to Continue as a Going Concern AUC Section 570The Auditors Consideration of an Entities Ability to Continue as a Going Concern (Supersedes SAS No. 126.) Source: SAS No. 132;
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Auditors consideration of an is the evaluation and assessment of certain financial statements and information to determine their accuracy and compliance with accounting standards.
Auditors are required to file auditors consideration of an.
Auditors must review financial statements, perform audit procedures, and then document their findings in the auditors consideration of an report.
The purpose of auditors consideration of an is to provide assurance to stakeholders that the financial statements are reliable and accurate.
The auditors must report on the findings of their audit procedures, any discrepancies or issues identified, and their overall opinion on the accuracy of the financial statements.
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