Audit of Adequacy Degree for the Principle of Activity Continuity
Audit of Adequacy Degree for the Principle of Activity Continuity

Summary/Abstract: Our entire research concerning audit of the adequacy degree for the principle of activity continuity of a an entity is based on the personal experience in auditing the financial statements but mainly on finding of a plausible answer at the following question: „Do the auditor opinion expressed in an Audit Report totally supports the assessing the credibility of financial statements?” The answer for this question is that „The Auditor report supports the assessment of financial statements but is not a warranty regarding the future viability of economic agent”. This warranty, if the timing is not too optimistic, is insured by the action undertaken by the auditor in the direction of auditing of the degree of adequacy of the principle of activity continuity.

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