Page 231 - AA Integrated Workbook STUDENT 2018-19
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Reporting
Modified report with unmodified opinion
3.1 Material uncertainty related to going concern
ISA 570 (Revised) Going Concern
Purpose
Included when there is a material uncertainty regarding the going concern status
which the directors have adequately disclosed in the financial statements.
The auditor uses this section to draw the attention of the user to the client's
disclosure note.
Position in the auditor's report
Below the Basis for Opinion section
Illustrations and further practice
Look at Illustration 2 in Chapter 12 for an example of a going concern
paragraph.
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