Auditing and Assurance Standards and Guidance

FRC Bulletins

Bulletin: Compendium of illustrative auditor's reports on United Kingdom private sector financial statements for periods commencing on or after 17 June 2016

Appendices

Appendix 4— Unlisted public interest entity preparing financial statements under UK GAAP with a material uncertainty related to going concern

dotbullet    Company is a public interest entity

dotbullet    Financial statements are prepared in accordance with FRSs 100 and 102 (UK GAAP)

dotbullet    Company does not prepare group financial statements or ISA (UK) 600 (Revised June 2016) does not otherwise apply

dotbullet    Based on the audit evidence obtained, the auditor has concluded that a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. The disclosure of the material uncertainty in the financial statements is adequate.

dotbullet    Description of the auditor's responsibilities for the audit of the financial statements is included by reference to the location of such a description included on the FRC's website

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