IMP

vaishali (student ) (362 Points)

19 July 2009  

AS PER FUNDAMENTAL ACCOUNTING ASSUMPTIONS A BUSINESS SHOULD BE GOING CONCERN CONCEPT . BUT WHILE AUDITING IF WE COME ACROSS A BUSINESS WHICH IS NOT A GOING CONCERN COCEPT  THEN WHAT SHOLULD BE FURTHER IMPORTANT POINTS TO BE NOTED WHILE DOING AUDITING? OR FURTHER PRECAUTIONS SHOULD BE TAKEN BY AUDITOR??