- This topic has 1 reply, 2 voices, and was last updated 1 year ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › testing GC assumption
maam i wanted to understand exactly why do we have to review all documents and correspondences that are “post-yr end” when assessing if GC assumptions are reasonable?
like my kit states that review “post-yr end management accounts and confirm that it is inline with cash flow forecasts”, “review post yr end supplier corresspondence if credit limits have been reduced”…
Because going concern is an assumption about the future:
https://opentuition.com/topic/gc-disclosures