文章基本信息

标题：Going Concern after the Global Downturn
本地全文：下载
作者：Ristea Luminiţa ; Trandafir Adina
期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2011
卷号：11
期号：1
语种：English
出版社：Ovidius University Press
摘要：One of the fundamental accounting concepts which underlie the annual financial statements of companies all around the world is “the going concern principle”. This paper presents “going concern” as a major risk assigned to the business environment starting with 2008 during the economic downturn from the auditor’s perspective. Positive features can be viewed at the horizon after the crisis including the major improvements in auditor’s approach when dealing with “going concern assumption” in connection with going concern risk. These aspects are going to be detailed in this study including the additional assurance and tests of the auditors in dealing with management assertions in respect of going concern versus professional judgment and skepticism.
关键词：going concern principle;global downturn;reasonable evidence;Clarity Project;material uncertainties;adequate disclosures