Question
A statutory auditor of a listed company evaluates
whether the going concern assumption holds. He observes continuous losses, negative net worth, and pending litigation. However, the company has committed funding from a strategic investor. What should the auditor conclude?Solution
Auditor must include an Emphasis of Matter (EOM) to highlight going concern uncertainty as per SA 570, even if mitigating factors exist.
Select the related word from the given alternatives.
Water : Liquid :: Ice : ?
What is the effect on a ship’s buoyancy when it moves from a river to the sea?
The Vedic Civilization in India flourished along the river_______.
Which Indian IT company recently got an project of $2.25-billion contract by Nielsen making it the largest outsourcing deal for an Indian IT company?
Match the following tribal revolts with their respective leaders:
FIFA headquarter is located in:
Which state introduced India’s first all-women SWAT team for anti-terror operations?
The 'Blue Revolution' is associated with the development of:
 The Payment Banks in India cannot?
Which of the following statements is correct?
A. FIMMDA is a voluntary market body for the bond, Money and Derivatives Markets
B. FIMMDA i...
