SA 570 (Revised) requires the ऑडिटर to evaluate 16 indicators across वित्तीय, operating, and other categories before concluding on the गोइंग कंसर्न basis. CORAA pre-fills the eight वित्तीय indicators from Balance Sheet, P&L, and Cash Flow डेटा automatically. The four operating and four other indicators require ऑडिटर judgment with हाँ/नहीं/N/A confirmation. The final conclusion drives the Opinion type per the SA 570 → SA 700 mapping table.
Two paths to the same audit conclusion. One leaves traces; the other doesn't.
CORAA reads BS, P&L, and Cash Flow to compute the eight वित्तीय indicators, working capital position, debt-service coverage, current ratio trend, net liability detection, accumulated losses, and three अधिक. Each shows the evidence inline (the computation, the underlying लेजर).
The four operating indicators (loss of key ग्राहक, supply chain disruption, employee unrest, technology obsolescence) and four other indicators (pending litigation, नियामक action, breach of covenant, parent support uncertainty) require ऑडिटर judgment. हाँ/नहीं/N/A with notes.
Based on the 16 indicators, the ऑडिटर concludes, Going Concern Appropriate, Going Concern Appropriate with MUEC (Material Uncertainty Existing), or Going Concern Inappropriate. The conclusion drives the Opinion type via the SA 570 → SA 700 mapping table.
CORAA computes and pre-fills eight वित्तीय indicators from BS, P&L, and Cash Flow. Each indicator shows the underlying evidence, the formula, the source लेजर, the numerical result. The ऑडिटर confirms or overrides with notes.
Eight non-वित्तीय indicators require ऑडिटर judgment. CORAA captures हाँ/नहीं/N/A with notes. Common indicators include loss of major ग्राहक, supply chain disruption, नियामक action, pending litigation with material impact, and parent-कंपनी support uncertainty.
The Going Concern conclusion directly drives the Opinion type. Going Concern Appropriate w/o MUEC → Unmodified. With MUEC → Unmodified with Emphasis of Matter (SA 706). Inappropriate use of Going Concern basis → Adverse Opinion. Disagreement on whether MUEC exists → Qualified.
Every indicator is paragraph-anchored to SA 570 (Revised). Every conclusion is evidence-backed. The Going Concern memo is locked at sign-off; revision requires a documented note per SA 230. NFRA-inspection ready.
