The QCA Financial Reporting Committee drafted this response to the Financial Reporting Council's exposure draft on its updated guidance for Directors of UK Companies. The QCA noted that we are very pleased with this Exposure Draft and especially with the decision to stay with three basic conclusions that directors can reach when evaluating going concern.
QCA Response to the FRC's Going Concern Guidance – Exposure Draft
The QCA Financial Reporting Committee drafted this response to the Financial Reporting Council's exposure draft on its updated guidance for Directors of UK Companies.