AI Modules/Procedures/Going Concern

SA 570 · Procedure· विधि

Going Concern

Sixteen indicators. Eight auto-prefilled पासून financials. Opinion linked.

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CORAA Going Concern मूल्यांकन, 16 indicators

SA 570 (Revised) आवश्यक आहे the लेखापरीक्षक ला evaluate 16 indicators ओलांडून financial, operating, आणि other categories before concluding वर the going concern basis. CORAA pre-fills the eight financial indicators पासून Balance Sheet, P&L, आणि रोख प्रवाह data automatically. The four operating आणि four other indicators आवश्यक लेखापरीक्षक judgment सोबत होय/नाही/N/एक confirmation. The final conclusion drives the Opinion type per the SA 570 → SA 700 mapping table.

16 indicators per SA 570 (Revised), financial 8, operating 4, other 4
Financial 8 auto-prefilled पासून BS / P&L / रोख प्रवाह सोबत evidence captured
Operating 4 आणि Other 4 आवश्यक होय/नाही/N/एक confirmation सोबत notes
Each indicator anchored ला its SA 570 paragraph reference
Conclusion drives Opinion type via the SA 570 → SA 700 mapping table
Going Concern Appropriate w/o MUEC → Unmodified; Inappropriate → Adverse

Two paths, one ledger

The old way, and ours.

Two paths to the same audit conclusion. One leaves traces; the other doesn't.

Traditional

The old way

-Going Concern memo written as free-form prose
-Indicators evaluated inconsistently ओलांडून एंगेजमेंट्स
-Quantitative evidence (working capital, debt सेवा) recomputed manually
-Conclusion drawn विना एक explicit linkage ला Opinion type
-Memo often added वर ऑडिट close as एक afterthought

NFRA frequently flags Going Concern दस्तऐवजीकरण as incomplete किंवा inconsistent सोबत the Opinion issued.

CORAA

On the Ledger

All 16 SA 570 indicators rendered मध्ये एक structured grid
Financial 8 pre-filled पासून BS / P&L / रोख प्रवाह सोबत the underlying evidence shown
Operating आणि Other indicators captured सोबत लेखापरीक्षक notes
Each indicator paragraph-anchored ला SA 570
Conclusion explicitly linked ला Opinion type via the mapping table
Memo locked, ऑडिट-trailed, defensible

Going Concern conclusion fully retraceable ला underlying evidence. NFRA-तपासणी ready.

How it works

Three steps. Every trace logged.

Step 01

Auto-prefill the financial indicators

CORAA reads BS, P&L, आणि रोख प्रवाह ला compute the eight financial indicators, working capital position, debt-सेवा coverage, current ratio trend, net liability शोध, accumulated losses, आणि three अधिक. Each shows the evidence inline (the computation, the underlying लेजर्स).

Step 02

Confirm operating आणि other indicators

The four operating indicators (loss च्या key customer, supply chain disruption, employee unrest, technology obsolescence) आणि four other indicators (pending litigation, नियामक action, breach च्या covenant, parent समर्थन uncertainty) आवश्यक लेखापरीक्षक judgment. होय/नाही/N/एक सोबत notes.

Step 03

Conclude आणि link ला Opinion

Based वर the 16 indicators, the लेखापरीक्षक concludes, Going Concern Appropriate, Going Concern Appropriate सोबत MUEC (Material Uncertainty Existing), किंवा Going Concern Inappropriate. The conclusion drives the Opinion type via the SA 570 → SA 700 mapping table.

Inside the module

What you actually get.

AI pre-fill च्या financial indicators

CORAA computes आणि pre-fills eight financial indicators पासून BS, P&L, आणि रोख प्रवाह. Each indicator shows the underlying evidence, the formula, the source लेजर्स, the numerical result. The लेखापरीक्षक confirms किंवा overrides सोबत notes.

›Net liability किंवा net current liability position
›Long-term borrowing repayment near maturity
›Persistent operating रोख outflows
›Accumulated losses exceeding networth
›Current ratio trend आणि absolute level
›Three अधिक financial indicators

Operating आणि other indicators

Eight non-financial indicators आवश्यक लेखापरीक्षक judgment. CORAA captures होय/नाही/N/एक सोबत notes. Common indicators include loss च्या major customer, supply chain disruption, नियामक action, pending litigation सोबत material impact, आणि parent-कंपनी समर्थन uncertainty.

›4 operating indicators
›4 other indicators यासह legal आणि नियामक
›होय/नाही/N/एक confirmation सोबत notes
›Each anchored ला SA 570 paragraph

SA 570 → SA 700 Opinion mapping

The Going Concern conclusion directly drives the Opinion type. Going Concern Appropriate w/o MUEC → Unmodified. सोबत MUEC → Unmodified सोबत Emphasis च्या Matter (SA 706). Inappropriate वापर च्या Going Concern basis → Adverse Opinion. Disagreement वर whether MUEC exists → Qualified.

›Mapping rendered वर the WP
›Recommended Opinion type pre-filled
›लेखापरीक्षक confirms किंवा overrides
›ऑडिट ट्रेल captures the linkage

Defensible दस्तऐवजीकरण

Every indicator आहे paragraph-anchored ला SA 570 (Revised). Every conclusion आहे evidence-backed. The Going Concern memo आहे locked वर सही-शिक्का; revision आवश्यक आहे एक documented टीप per SA 230. NFRA-तपासणी ready.

›SA 570 paragraph anchors per indicator
›Evidence captured per indicator
›Memo locked वर सही-शिक्का
›SA 230 दस्तऐवजीकरण आवश्यकता satisfied

Frequently asked

Answers, up front.

CORAA reads Balance Sheet, P&L, आणि रोख प्रवाह data आणि computes each financial indicator. Working capital position (Current Assets minus Current Liabilities), debt-सेवा coverage ratio, current ratio trend, net liability शोध, accumulated losses against networth, persistent operating रोख outflows, debt repayment near maturity, आणि accumulated debt-equity trend. The लेखापरीक्षक sees the computation inline.

SA 570 (Revised) maps ला SA 700 / 706: Going Concern Appropriate विना Material Uncertainty Existing Conditions → Unmodified Opinion. सोबत MUEC adequately disclosed → Unmodified सोबत Emphasis च्या Matter under SA 706. सोबत MUEC inadequately disclosed → Qualified किंवा Adverse. Inappropriate वापर च्या Going Concern basis → Adverse. CORAA pre-fills the recommended Opinion type based वर the conclusion; the लेखापरीक्षक confirms किंवा overrides.

Leave the indicator pending. The Going Concern memo cannot असणे locked while any indicator आहे unresolved. CORAA तसेच surfaces unresolved indicators as Opinion सही-शिक्का blockers, पायरी 3 च्या the seven-step Opinion वर्कफ्लो cannot advance until Going Concern आहे concluded.

होय. जर conditions change mid-एंगेजमेंट (एक major customer cancels, एक covenant breach surfaces), the लेखापरीक्षक शकतो unlock the memo सोबत एक documented re-evaluation टीप per SA 230. The original conclusion आणि the revised conclusion आहेत both preserved मध्ये the ऑडिट ट्रेल.

See it on a real ledger

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