audit opinion

  1. 2,369 Posts.
    Material Uncertainty Regarding Continuation as a Going Concern
    Without qualification to the opinion expressed above, attention is drawn to the following matter. As a result of
    the matters described in Note 1 ?Going Concern? of the financial report, there is material uncertainty whether
    the consolidated entity will be able to continue as a going concern and therefore whether it will be able to pay
    its debts as and when they fall due and realise its assets and extinguish its liabilities in the normal course of
    business at the amounts stated in the financial report. The financial report does not include any adjustments
    relating to the recoverability and classification of recorded asset amounts and classification of liabilities that
    might be necessary should the consolidated entity not continue as a going concern.


    I couldn't have said it any better!!!
 
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