Final answer:
The auditor evaluates whether there is a substantial doubt about a client's ability to continue as a going concern for one year beyond the date of the auditor's report.
Step-by-step explanation:
The correct answer is D) one year beyond the date of the auditor's report.
Auditing standards require that the auditor evaluates whether there is a substantial doubt about a client's ability to continue as a going concern for a period of one year beyond the date of the auditor's report. This means that the auditor needs to assess the client's financial position and operations to determine if there are any indications that the client may not be able to operate for at least one more year after the date of the auditor's report.
For example, if a company is experiencing significant financial losses, has a high level of debt, or is facing legal or regulatory issues that may impact its ability to continue operating, the auditor may conclude that there is a substantial doubt about the company's ability to continue as a going concern.