Refer to ASA 705 for the implications to the auditor’s reportThe auditor evaluates the adequacy of the disclosures and the implication for the auditor’s report in accordance with ASA 570The auditor evaluates the adequacy of the d ( ASA 570 May 2025 )

Refer to ASA 705 for the implications to the auditor’s reportThe auditor evaluates the adequacy of the disclosures and the implication for the auditor’s report in accordance with ASA 570The auditor evaluates the adequacy of the d

Note: The chart depicts a walkthrough of the auditor’s decision-making process for going concern, rather than the audit process itself. The dark blue boxes highlight the auditor’s decisions in respect of concluding whether the going concern basis of accounting is appropriate and whether a material uncertainty related to going concern exists.