On 9 December 2019, the FAR will organize a masterclass about Going Concern Opinions (GCOs). This masterclass will be presented by Professors Marshall Geiger (University of Richmond), Anna Gold (Vrije Universiteit Amsterdam) and Philip Wallage (Vrije Universiteit Amsterdam and University of Amsterdam). They recently co-authored a FAR literature review about GCOs.
In this masterclass, the most important findings of this extensive literature review will be presented with a focus on relevant issues for practitioners. Next, in break-out sessions, participants will discuss their experiences and the practical implications of the research findings, as well as practical issues that future research should address. Topics that will be discussed include the interaction between audit teams and the firms’ GCO panel, the effectiveness of predictive models, and whether GCOs can be seen as a self-fulfilling prophecy. Finally, the discussions will be summarized and shared in a plenary session.
Who should attend?
Due to the great importance of GCO’s for financial statement users, this master class is relevant for auditors of large and small firms and of all job levels.
Please note that registration is required to participate. Registration closes on 5 december 2019 (11 PM).
Participants of the masterclass can apply for Dutch credits for permanent education (PE hours). Join this interactive session and register by clicking on the button to your right.
For the full Masterclass report, please click here.
For the presentation slides, please click here.
To listen to a recent FAR podcast on Going Concern Opinions with professor Wallage, please click here.
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