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If auditor has substantial doubt about going concern of business then he should a not report b disclose in report c seek management representation?

Accounting Auditing IFRS External Audit GAAP
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Question added by Deepak Deepak Kumar , Audit Manager , Shriram Pistons & Rings Limited
Date Posted: 2015/09/04
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Asad Ahmed
by Asad Ahmed , Manager Finance & Company Secretary , Connect Communications Pvt. Ltd.

If an auditor has substantial doubt about the going concern of business than he should disclose in report

Muhammad Ayaz Mubeen
by Muhammad Ayaz Mubeen , Assistant Manager Accounts , Paragon Constructors Pvt Ltd

Auditor should disclose in report and modify the report if management does not disclose.

Badar Khan
by Badar Khan , Accounts cum administrative assistant , Al Qassimia Drivng Training Centre.Sharjah

First of all he should discuss the going concern problem with the management and tell them to disclose the matter ..if they do not agree on disclosing the matter then the auditor should modify his opinion..

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