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جميع الحقوق محفوظة ـ اإلعتداء عىل حق املؤلف 108 بالنسخ أو الطباعة يعرض فاعله للمسائلة القانونيةfifth: Substantial Doubt about Going ConcernSixth: Auditor`s responsibility regarding going concernSubstantial doubt about an entity going concern are any conditions and events, considered solely or in the aggregate, indicate that it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that the financial statements are issued is any event that cast a material uncertainty regarding the firm’s ability to continue in its operations as: 1. Significant recurring operating losses or working capital deficiencies. 2. Inability of the company to pay its obligations as they come due. 3. Loss of major customers, the occurrence of uninsured catastrophes such as an earthquake or flood, or unusual labor difficulties. 4. Legal proceedings, legislation, or similar matters that have occurred that might jeopardize the entity’s ability to operate. The auditor responsibilities regarding companies going concern are: (a) To obtain sufficient appropriate audit evidence about any events or conditions that could raise substantial doubt (material uncertainty) on the entity’s ability to continue as a going concern; Appropriate Going concern assumption Financial statement on Liquidation basis Disclosures in Foot Notes Financial statement on GC basis Financial statement on GC basis IN Appropriate Going concern assumption doubt Appropriate Going concern assumption + substantial doubt