Companies preparing financial statements using IFRS Standards are required to assess their ability to continue as a going concern.
In the current stressed economic environment arising from the COVID-19 pandemic, deciding whether the financial statements should be prepared on a going concern basis may involve a greater degree of judgement than usual.
To support companies, the educational material brings together the requirements in IFRS Standards relevant for going concern assessments.
This document is intended to support the consistent application of requirements in IFRS® Standards.
Click here to download the educational material:
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