Onsite Course
Dec 6, 2019 - Dec 6, 2019
230 Works, Triq Il-Kungress Ewkaristiku, Mosta
5 Students Enrolled
Payment MethodBook Now

Course overview:

In recent years, during the period of credit crisis and economic downturn that has affected the world economy and the banking and financial sectors in particular, it has been contended by different parties that the assessment and disclosures contained in the audited financial statements and the auditors’ report in respect of the company’s ability to continue in business in the foreseeable future as a going concern, were not satisfactory. This was particularly relevant in the case of entities that collapsed not long after their financial statements prepared on a going concern basis were issued.

The audit of going concern is reported by the audit regulators and supervisory bodies in various jurisdictions to be one of the most problematic areas of the audit process.

This seminar will focus on the requirements of ISA 570 Going concern and the external auditors’ responsibilities in auditing management’s use of the going concern basis in the preparation and presentation of the financial statements. Furthermore, the seminar will focus on the implications for the auditors’ report in different circumstances through illustrative and practical examples.


  • The training course is specifically targeted for accountants and auditors, as well as students who are pursuing or intend to pursue a career generally in accounting.

Course Agenda:

  • This workshop will cover:
    • Definition of going concern;
    • The responsibilities of management and auditors in relation to going concern;
    • Audit considerations and reporting.


Friday 6th December 2019


13:45 – 17:15 including registration

CPE Accreditation:

3 core hours


Kris Bartolo & Janice Lyn Schembri