HELP–Going Concern Clarification (test in a few hours!)

This topic has 1 reply, 2 voices, and was last updated 11 years, 11 months ago by mendykj.

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May 17, 2012 at 4:57 pm #170899

sealegs
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For going concern consideration, is it 12 months from the audit report issuance date? or balance sheet date? I’m confused!

REG - 83
BEC - 78
FAR - 72, 73, 80
AUD - 72, 92

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May 17, 2012 at 9:20 pm #344225

mendykj
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The going concern period should not exceed one year from the date of the financial statements being audited.

AUD: August 31, 2015
BEC: Octover 31, 2015
FAR: July 6, 2015
REG: ✓ - expires (10/31/2015)

Roger CPA Review
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