QHL 3.33% 15.5¢ quickstep holdings limited

Going Concern?

  1. 226 Posts.
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    Don't mind me, was on the sidelines wanting to enter into Quickstep for the past 3 months. However, I just went through the 2020 Annual report, and the audit report on the 'Going Concern' section.

    I'm not really apt at Accounting, but it seems the Auditor did not make an opinion that the company is 'Not a Going Concern', nor, a 'Going Concern'? Is this the new accounting standards that Auditors do, or is it that they are unable to form an opinion on this issue, as they are unable to ascertain if the company is a going concern, i.e. 50-50 chance of it being a going concern as opposed to being absolutely sure.


 
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