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- Describe what SEC Staff Accounting Bulletin No. 108 requires in
this situation.
Questions Requiring Analysis: 17–24
While performing your audit of Williams Paper Company, you
discover evidence that indicates that Williams may not have the
ability to continue as a going concern.
- Discuss types of information that may indicate substantial doubt
about a client's ability to remain a going concern.
- Explain the auditors' obligation in such situations.
Objective Questions: 17–26
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AC 410 Unit 9 Alternate Assignment
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