Recent economic turbulence has raised the significance of the basic concept of ensuring that a business is a going concern. This course provides a succinct refresher to the subject and a briefing on recent pronouncements from the FRC and APB (APB 2008/1 and APB 2008/10) as well as reviewing the guidance in FRS 18 and ISA 570.

Assessing Going Concern is a course from Nelson Croom's Financial Briefing's series. Financial Briefings courses are designed to give a comprehensive overview of an essential topic. The course contains one module which covers the following topics:

• What challenges are posed by economic turbulence?
• What recent guidance is there?
• What does APB 2008/1 say? (In three parts)
• What does APB 2008/10 say? (In three parts)
• What do company law and accounting standards say?
• What are the responsibilities of directors and auditors?
• What about break up basis?

The course is completed with a 12-question assessment to test the learner's understanding and knowledge of the content. In total, the course takes around one hour to complete.

Audience:

Accounting and finance professionals in practice and in industry.

See also: