Audit implications of the going concern assumption - Recording

In the current economic climate, an increasing number of entities are likely to face going concern issues.

This presents particular difficulties for auditors, not the least of which is minimising the risk of liability by ensuring compliance with ASA 570 Going Concern.

This session will:

• Clarify the responsibilities of auditors and management in relation to going concern
• Discuss what you need to do and document at each stage of the audit in relation to going concern
• Illustrate the effect on your audit report of various going concern scenarios


Who should attend?

Practitioners who conduct audits but are not audit specialists.