According to The International Standards on Auditing, the purpose of the auditor in an audit\r\nengagement is to express an independent, objective and a professional opinion regarding the\r\naccuracy of the financial statements of the companies audited. During his mission, the auditors\r\nmust also assess the company�s ability to continue as a going concern, with a major impact on\r\nthe preparation and the quality of financial statements that are reported. To support his\r\nopinion, regarding the hypothesis of going concern, the auditor must obtain sufficient and\r\nappropriate audit evidence, and perform the necessary audit procedures. For that, analytical\r\nprocedures ensure a series of comparative information at the level of analyzed periods or\r\nbranch, useful to the auditor in the audit engagement. The present study aims to obtain a\r\ndeterministic model based on duration models, for assessing the audited companies� ability to\r\ncontinue as a going concern. The research results are useful to the auditor in the assessment of\r\nthe audited company�s compliance with the going concern assumption, in preparation of\r\nfinancial statements. The analysis was performed on a sample of 77 companies quoted on the\r\nBucharest Stock Exchange that were subject to the insolvency risk, in the period 2008-2011. To\r\nobtain the research results, data were treated with statistical software SPSS 19.0.
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