The going concern assumption is a fundamental principle in the preparation of financial statements, and the appropriateness of its use is a matter for the auditor to consider on every audit engagement. Singapore Financial Reporting Standard (FRS) 1 requires that management assess the entity’s ability to continue as a going concern, whereas Singapore Standard on Auditing (SSA) 570 requires the auditor to evaluate management’s assessment and the adequacy of disclosures. Ng Kian Hui, Partner of BDO LLP, facilitated the topic “Going Concern” for a group of practitioners in one of ISCA’s monthly Technical Clinics.
Read more

Indicate Your Interest     and we will be in touch.

Please indicate how you heard of ISCA FFA Qualification.

By submitting this form, you agree to the ISCA Privacy and Data Protection Policy and that ISCA may collect, use and/or disclose your personal data for matters relating to the ISCA FFAQ.