계속 기업전제에 관한 회계와 감사상의 문제에 관한 연구

The going concern assumption is fundamental principle in the preparation of financial statements. Under the going concern assumption, an entity is ordinarily viewed as continuing in business for the foreseeable future with neither the intention nor the necessity of liquidation, ceasing trading or seeking protection from creditors pursuant to laws or regulations. Accordingly, assets and liabilities are recorded on the basis that the entity will be able to realize its assets and discharge its liabilities in the normal course of business. The auditor's responsibility is to consider the appropriateness of the management's use of the going concern assumption in the preparation of the financial statements and consider whether there are material uncertainties about the entity's to continue as a going concern that need to be disclosed in the financial statements. The auditor concern assumption even if the financial reporting framework used in the preparation of the financial statements dose not includes an explicit requirement for management to make a specific assessment of the entity's ability to continue as a going concern. The auditor should consider whether there are events or conditions which may cast significant doubt on the entity's ability to continue as a going concern.