A4 Performing Further Procedures, Forming Conclusions

Question 1

What are factors that may indicate substantial doubt?

Answer 1

• *F**inancial difficulties (dividend arrears, loan defaults)
• *I**nternal Matters (work stoppages, labor difficulties, strikes)
• *N**egative financial Trends (whole industry having troubles)
• *E**xternal Matters (material probable legal proceedings, new legislation)