procedures that an auditor should carry out when events or conditions are identified that could cast a significant doubt on the entity's ability to continue as a growing concern?
CPA PEP Prep Q&A
auditing and assurance
Hi Joy
The good thing about auditing is that part of it is general knowledge. If you have discovered certain conditions that are making it tough for the business to go on, then do like a reporter would;
1. Highlight the week areas
2. State the current condition of each area and how it can be rectified
3. write to the management informing them of the current situation.
There are more procedures mentioned in the auditing and assurance book in this site.