A going concern is an accounting term that refers to a business’s ability to remain operating with available financial resources. A going concern is an accounting term that refers to a business’s ...

Are Audited Financial Statements of Value Anymore? Auditors will surely do a lot of head scratching in the coming months as they decide which of their clients’ books are prepared as: - going concerns ...

A going concern means the company is expected to operate and meet financial obligations. Auditors evaluate liquidity, income, and management plans to affirm going concern status. Red flags include ...

The new Frequently Asked Questions document aims to support stakeholders as they implement International Standard on Auditing 570 (Revised 2024), Going Concern. The FAQ document discusses the main ...

An Institute of Chartered Accountants of Scotland report laying out guidance for charity trustees on going concern has prompted a second look at their participation in the Local Government Pension ...