TMI BlogWhat is the scope of Going Concern as per ICDS I.X X X X Extracts X X X X X X X X Extracts X X X X ..... ng Policies "Going concern" refers to an assumption that the person has neither the intention nor the necessity of liquidation or curtailing, materially the scale of the business, profession or vocat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the absence of information to the contrary. The ICDS however does not provide specific guidance as to the manner of computation in the event that the assumption of going concern is not met. The Fra ..... X X X X Extracts X X X X X X X X Extracts X X X X
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