We all know the effect the economy can have on a business. Whether it is a worldwide pandemic, or a new competitor, there is always something that threatens a company’s financial position. As such it is important for directors, managers, and owners to be aware of their going concern position. Going concern is also a fundamental principle to the preparation of financial statements, and auditors should assess it properly. Join us in this session as we unpack the importance of going concern, how to evaluate your going concern and when to consider business rescue or liquidation.

• The importance of going concern • Assessing going concern o Financial indicators o Operational indicators o Other indicators • Auditing the going concern principle • Going concern during the COVID pandemic • Business rescue in terms of the Companies Act • Liquidation proceedings

Financial managers, Auditors, Bookkeepers, Financial accountants, Audit manager, and Audit partners