https://www.taxtmi.com/article/detailed?id=9335 Going concern assessment requires management to judge whether an entity will continue in business for the foreseeable future, considering at least twelve months of information and factors such as profitability, financing access, debt repayment, supply chain and market risks, and to disclose material uncertainties that may cast significant doubt; auditors must evaluate management's assumptions and perform their own risk assessment, with heightened conservatism expected amid the pandemic. en-us Thu, 09 Jul 2020 09:41:20 +0530 Thu, 09 Jul 2020 09:41:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9335 Going concern assessment requires management to judge whether an entity will continue in business for the foreseeable future, considering at least twelve months of information and factors such as profitability, financing access, debt repayment, supply chain and market risks, and to disclose material uncertainties that may cast significant doubt; auditors must evaluate management's assumptions and perform their own risk assessment, with heightened conservatism expected amid the pandemic. Articles Accounting - Auditing Thu, 09 Jul 2020 09:41:20 +0530 https://www.taxtmi.com/article/detailed?id=9335