If a client has a going concern issue that has been properly disclosed in the notes, the auditor should: 1

If a client has a going concern issue that has been properly disclosed in the notes, the auditor should:

1.       issue an unmodified report and add an emphasis-of-matter paragraph before the opinion paragraph to highlight the going concern issue.

2.       issue a qualified report and add an emphasis-of-matter paragraph before the opinion paragraph to highlight the going concern issue.

3.       issue an unmodified report and add an emphasis-of-matter paragraph after the opinion paragraph to highlight the going concern issue.

4.       issue a qualified report and add an emphasis-of-matter paragraph after the opinion paragraph to highlight the going concern issue.