John Selwood audit clinic
Answers to questions on the revised UK ISA about going concern dominate this month's surgery.
What should my firm be doing to prepare for the changes to ISA (UK) 570 Going Concern?
My first recommendation would be to read the revised UK auditing standard. The requirements only cover 11 pages, so it is not a particularly lengthy read, although you might need to dip into the application material too. You will see that there are a number of new requirements, including those covering:
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