Question about Going Concern and Audit Reports (UK Syllabus)

Hi there,

I’m getting muddled with how going concern affects audit reports and I was just wondering if someone could confirm my thoughts since the Kaplan Textbook isn’t particularly clear for the UK syllabus:

As far as my understand goes there are 5 scenarios relating to going concern:

1. Company is a going concern
2. Material uncertainty regarding going concern – properly disclosed
3. Material uncertainty regarding going concern – not properly disclosed
4. Company isn’t a going concern – accounts prepared on break-up basis
5. Company isn’t a going concern – accounts prepared on going concern basis

As far as I’m aware these are the correct treatments for each scenario; please can someone confirm I’m right?

1. Nothing to report in the ‘Conclusions relating to going concern’ paragraph
2. Material uncertainty is mentioned in the ‘Conclusions relating to going concern’ paragraph – no effect on audit opinion
3. Material uncertainty is mentioned in the ‘Conclusions relating to going concern’ paragraph – qualification of audit opinion
4. Company isn’t a going concern is mentioned in the ‘Conclusions relating to going concern’ paragraph. Also mentioned in the ’emphasis of matter’ paragraph. No effect on audit opinion.
5. Company isn’t a going concern is mentioned in the ‘Conclusions relating to going concern’ paragraph. Adverse audit opinion

Thank you in advance