Sir, I understood the answer with regards to SA701, SA570 but, I am not able to understand why it shiuld not be reported under SA705 as well (examiner commnets specifically said that this is incorrect), the company has definite plan to close down (so it is not a going comcern) and the entity has prepared its FS same as that of previous year (ie going concern basis) so they have not complied with the FRF viz AS1 or IndAS1 as applicable
ANSWERED Ravi answered April 8, 2019     Category:
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