alleryStart learning →If the entity is a going concern, how does the auditor change the report for that?
AAdds an adverse paragraph
BAdds a disclaimer
CWithholds the opinion
DDoes not modify it
Answer & Solution
Correct answer: D. Does not modify it
A going concern entity needs no going concern modification of the report.
Keep practising Auditor's Report
Browse all Auditor's Report questions for CA Final, or explore more Auditing topics.
Related questions
Audit reports derive their value mainly from doing what to financial statements?A report meant only for a parent company is what?Independence of the auditor mainly supports which feature of the report?The introductory paragraph of the traditional report identifies what?In the traditional three-paragraph report, which paragraph describes the nature of the audWhat does a report to the audit committee typically give?Firing an auditor to hunt for a clean opinion is called what?Sarbanes-Oxley set up which audit regulator?