Title: ACC 492 Week 5 Case Study Assignment Sample content: Case Study Assignment Prepare written answers to the following case from the text Auditing Cases: An Interactive Learning Approach, (3rd edition), by Beasley, Buckless, Glover, and Prawitt: Case 12.4: Surfer Dude Duds, Inc.: Considering the Going-Concern Assumption 1. What are Marks options? Mark is able to ask George for his plans on continuing the company for over a year. The plans must be shared in the form of a financial statement and assuming the plans are adequate, Mark can provide feedback through notes on the mitigating factors. If the disclosed information does not meet the criteria Mark was looking for then he should ask George to provide notes on the shared financial statements which identify the doubts that he has in particular about the going concern assumption. Assuming the disclosures are suffice, George is entitled to give unqualified feedback and ensure to specify notes on the financial statement

1. ACC 492 Week 5 Case Study Assignment
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2. ACC 492 Week 5 Case Study Assignment
Sample content:
Case Study Assignment Prepare written answers to the following case from the
text Auditing Cases: An Interactive Learning Approach, (3rd edition), by Beasley,
Buckless, Glover, and Prawitt: Case 12.4: Surfer Dude Duds, Inc.: Considering the
Going-Concern Assumption 1. What are Marks options? Mark is able to ask
George for his plans on continuing the company for over a year. The plans must be
shared in the form of a financial statement and assuming the plans are adequate,
Mark can provide feedback through notes on the mitigating factors. If the disclosed
information does not meet the criteria Mark was looking for then he should ask
George to provide notes on the shared financial statements which identify the
doubts that he has in particular about the going concern assumption. Assuming the
disclosures are suffice, George is entitled to give unqualified feedback and ensure
to specify notes on the financial statement. If George neglects to efficiently disclose
information in the financial statement, then Mark must provide qualified or adverse
feedback. Whether its a qualified or adverse opinion depends on the conclusion of
the additional procedures that were committed by Mark as her evaluated the
evidence
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