PCAOB Proposed Auditing Standard The Auditors Report on an Audit of Financial Statements When the Auditor Expresses an Unqualified Opinion
Tuesday, December 16, 2008
The Financial Reporting Committee ("FRC") of the Institute of Management Accountants ("IMA") is writing to provide its views on the Proposed Statement of Financial Accounting Standards, Going Concern. The FRC is comprised of representatives from preparers of financial statements of the largest companies in the world, the largest accounting firms in the world, valuation experts, accounting consultants as well as academics. The FRC reviews and responds to research studies, statements, pronouncements, pending legislation, proposals, and other documents issued by domestic and international agencies and organizations.