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Audit Reporting for Going Concern Uncertainty: The Academic Debate

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Abstract

This chapter, using a narrative literature review, goes to the heart of the academic debate about Audit Reporting for Going Concern Uncertainty (GCU). With the aim of enhancing the understandability of the review, the studies are classified following the same, and well-known in the literature, categorization adopted by Carson et al. (2013). The purpose is to provide a worldwide faithful representation of what scholars have said over time with respect to Audit Reporting for GCU. This effort is necessary for a twofold reason: On the one hand it fills the gap of a missing worldwide representation of this richest debate; on the other, it helps scholars in understanding which are topics and subjects unexplored or underexplored that deserve academic and, not only, future engagement. Lastly, it provides auditors and regulators with a global synthesis about the determinants, accuracy and consequences of Going Concern Opinions (GCOs), fostering further fine tuning actions of regulatory frameworks across the world.

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Copyright information

© The Author(s), under exclusive licence to Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Department of Management and LawUniversity of Rome Tor VergataRomeItaly

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