Going Concern: Assessment and Disclosure - Recording

Is your entity operating with adequate financial resources to continue in operational existence for the foreseeable future?

The global financial crisis has made a focal point of going concern assessment and disclosure requirements.

This session will explore the key accounting principles essential to conducting your entity’s going concern assessment and provide the appropriate level of disclosure, including:

• Overview of requirements in AASB 101 - assessment of the entity’s ability to continue as a going concern when preparing the financial report.
• Disclosure of material uncertainties
• Consideration of reduced liquidity, ability to refinance debt or raise new funds and compliance with debt covenants


Who should attend?

Accountants who prepare financial reports, including:
• Accountants in Business
• Financial Reporting Accountants
• Corporate Accountants