Our Going Concern Policy is essential for organizations seeking clarity and confidence in their financial reporting. This document guides management through the process of evaluating whether there are any conditions or events that might cast substantial doubt on the company’s ability to continue operating for the foreseeable future. By detailing the steps for assessing both internal and external risks, from negative financial trends and legal proceedings to key customer losses and market disruptions, this policy ensures that decision makers have a clear framework for identifying threats early and preparing thoughtful responses. The inclusion of practical guidance, such as cash flow forecasting and liquidity analysis, empowers teams to weigh all relevant factors and make informed judgments about the company’s financial health.

Sample procedures include:

• Assess if substantial doubt is raised
• Evaluate management’s plans to alleviate substantial doubt
• Consider feasibility of management's plans
• Disclose how the relevant conditions or events that raised substantial doubt were resolved