Independent audit report (iar) for much loss making company

This query is : Resolved 

22 September 2018 One of my client incurred much loss (6 time of Assets & Capital) in private Limited Company Balance sheet and no sales in previous year.
Which Independent Audit report (IAR) I will issue? And is any reporting required on going concern accounting standard and where?

Please suggest me

23 September 2018 Material Uncertainty Related to Going Concern should be included in the body of the IAR. For details and format of IAR see SA 700.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries