Abhishek PanegalAbhishek Panegal asked 4 weeks ago

Dear Sir,
In this question why after mentioning of “closure of main manufacturing unit” and “sale of all fixed assets” why has it still not been included as a matter affecting going concern assumption in EMP ? It should be irrelevant as to whether Management wants to continue in long run. I feel it should be included as it is of significance. Kindly resolve at earliest

I had asked the above question but was not satisfied with the reply. Kindly clarify is my assumption wrong ? 

2 Answers
RaviRavi Staff answered 4 weeks ago

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