This video is part of our lecture series on ACCA's Audit & Assurance AA, previously F8 Exam. Contents of the video include:
* What is the going concern concept in accounting & auditing?
* Under what circumstances are the financial statements made on the basis of going concern?
* What is the other option?
* Responsibilities regarding going concern
* Indicators of going concern
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Here's the link to the ACCA Audit & Assurance lecture series: