Going concern - Assessment and reporting requirements in difficult times

Debbie Paterson

16 October 2019


This briefing summarises the interpretation of the requirements of IAS 1 for the public sector. It considers the reporting requirements for NHS bodies as set out in IAS 1 and summarises the auditor’s role as set out in auditing standards.  Based on experience in 2018/19 and a review of annual report and accounts, it includes a list of issues which should be taken into when undertaking a going concern assessment.


Going concern - Assessment and reporting requirements in difficult times

October 2019 (PDF 229KB)