(b) Going concern procedures
– Review cash flow forecasts 1
– Review bank loan agreements, breach of key ratios or covenants 1
– Review post year-end sales and order book 1
– Review suppliers correspondence 1
– Enquire of lawyers for any litigation 1
– Subsequent events 1
– Board minutes 1
– Management accounts 1
– Consider additional disclosures under IAS 1 Presentation of Financial Statements 1
– Written representation 1
–––
Restricted to 5