The Auditing and Assurance Standards Board (AASB) established the Going Concern Advisory Group in 2022 to provide advice on the AASB project to consider targeted revisions to CAS 570, Going Concern, or other actions, such as non-authoritative guidance.
The role and responsibilities of the Advisory Group include the following:
The Advisory Group meets privately via conference call approximately five times a year.
The results of Advisory Group meetings serve as the basis for agenda papers presented to the AASB when the Going Concern project is on its meeting agenda.
Keep up to date on this project via the Going Concern project page.