Accountants question 'going concern' review

摘要

Concerns have been raised among the profession about proposals by the Financial Reporting Council to revise 'going concern' guidance. The FRC says that developments in accounting standards and markets may mean that the guidance, currently with three levels, 'needs to be refreshed'. Martyn Jones, Deloitte audit technical partner, said the revision now creates four levels: 'no concern', 'doubt', 'significant doubt', and 'not a going concern'. He said many investors would be confused by the new 'doubt' categories. 'You don't have to be an expert. If there's any doubt, the man on the Clapham omnibus will run a mile.'