ICAI Guidance Note $ FAQ on Going Concern Key Considerations for Auditors amid COVID-19.
May 10, 2020
ICAI
ICAI Guidance Note and FAQ on Going Concern Key Considerations for Auditors amid COVID-19. The going concern concept is a fundamental principle of accounting. It assumes that an entity will remain in business for the foreseeable future. An entity is assumed to be a going concern in the absence …