Statement 1.If the directors have any material uncertainties as to the going concern of the business they must disclose them in the financial statements. Statement 2.If there are going concern issues, the auditor must ensure that sufficient disclosures are made

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Statement 1.If the directors have any material uncertainties as to the going concern of the business they must disclose them in the financial statements. Statement 2.If there are going concern issues, the auditor must ensure that sufficient disclosures are made