Examples of Going Concern in a sentence
Going Concern The Financial Statements have been prepared on the basis of accounting principles applicable to a going concern, which assumes that the Company will continue in operation for the foreseeable future and will be able to realize its assets and discharge its liabilities in the normal course of operations.
For further details on the Group’s liquidity position, please refer to the Going Concern paragraph in Note 1 of these accounts.
In addition to the matter described in the Material Uncertainty Related to Going Concern section, we have determined the matters described below to be the key audit matters to be communicated in our report.
Seasons of Perth (Knight Frank Valuation Report 13 April 2018) 20,000Direct Comparison Approach, Estimation of future trading results, Going Concern valuationSupply-demand factors, current market rental and sales prices, Management Rights, Historical and forecasted trading figures.
Going Concern The Company has significant negative cash flows from operations and a significant working capital deficiency.